Could The Philadelphia Orchestra Go Out Of Business?

“The orchestra – best known for the soundtrack to Disney’s Fantasia – has lost $2m (£1.4m) in public funding. Though it has an interim music director in Charles Dutoit, it has no permanent holder of that post, nor a chair of trustees, nor an executive director. It has just announced staff and pay cuts, and cancelled a tour to Europe this summer. Music lovers in the US could start to think the unthinkable: that one of their “big five” orchestras may not survive the economic crisis.”