Globalization’s Downside For New Music

“For all their strengths, new music festivals like Tanglewood or the Bang on a Can Marathon can’t attract the same sort of money (and therefore glamour and press attention) as the Whitney, São Paolo, or Venice biennials. Art, through the biennial, can become particularly symbolic of the flow of global capital—often concretely too, as works are bought and sold. Music, as a time-based art form rooted in experiences rather than in objects, cannot attract the same level of capital investment.”