ORCHESTRA CUTS CONCERTS

Canada’s National Youth Orchestra brings together the country’s top young musicians each summer and plays a tour across the country. But this year the tour has been cut back from 15 concert stops to eight because of funding cuts. – CBC

LEAVING SANTA FE

After 43 years John Crosby is stepping down from running the Santa Fe Opera. “A first-rate visionary and a second-rate conductor, Crosby has run his festival like a reasonably benign dictator, amassing an extraordinary record of significant premieres to counterbalance the tourist-attraction repertory. He has done much to cultivate domestic exposure to the neglected operas of his favourite composer, Richard Strauss, and has also helped discover several generations of important American singers. Glyndebourne was never like this.” – Financial Times

THE CORPORATE ARTS BUDDY PLAN

With only 1% of businesses investing in the arts, Australian Prime Minister John Howard decided it was about time to create an arts business foundation that would encourage funding from the private sector.  “What we are trying to encourage is recognition that it’s not just about handing over a cheque. It’s about two partners looking for the longer term.” The Age (Melbourne)

MOUSELAND

  • Disney, already a huge presence on New York’s revitalized 42nd Street, says it wants to buy another theatre there. “Part of Disney’s yen for more theaters comes from its disdain for paying high rents to stage productions of Beauty and the Beast and Aida, as well as its need for space to stage a half dozen musicals in development, such as The Hunchback of Notre Dame.” – Inside.com

SCANDAL EFFECT

Sotheby’s earnings decline 5 percent, though revenue was up in the second quarter. “Sotheby’s shares have declined by more than a third this year as Internet spending and legal fees from the price-fixing investigation and related lawsuits cut into earnings.” New York Times

ACQUIRING ETHICS

The American Association of Museums, comprised of 3,000 museums and 11,400 museum professionals and trustees, will adopt new ethical guidelines for how museums deal with art borrowed from private collections. Following in the wake of the Brooklyn Museum scandal in which it was discovered that Charles Saatchi, the exhibit’s largest donor, was also its single largest financial backer, the question of curatorial ethics has loomed large at arts organizations around America. New York Times