Livent Partners Convicted Of Fraud

Garth Drabinsky and Myron Gottlieb, co-founders of the once-powerful theater production company Livent – the enterprise behind such juggernauts as Show Boat, Ragtime and Phantom of the Opera – have been convicted of forgery and defrauding investors following a lengthy trial in Toronto. They each face a maximum of 34 years in prison.

Cleveland Orchestra Cuts Salaries, Concerts

“So serious is the orchestra’s position, in fact, that music director Franz Welser-Möst and executive director Gary Hanson volunteered to take pay cuts of 20 percent and 15 percent, respectively, reductions amounting to over $300,000.” In addition, some subscription and touring programs will be dropped: “The orchestra will cancel any concerts projected to be unprofitable.”