“When she arrived in January 2000, the Phil was running chronic deficits and was borrowing from its endowment to meet operating expenses – a recipe for disaster if continued too long.” By the end of 2009-10, the orchestra’s net assets had increased by a factor of nearly 20.
Tag: 11.04.11
Broadway-L.A. Revival Of Funny Girl Postponed
“The highly anticipated revival of Funny Girl that was set to open in early 2012 at the Ahmanson Theatre in L.A. before transferring to Broadway in April has been put on indefinite hold … The culprit, it appears, is the weak economic climate that has made it difficult to raise money for the show.”
Armenian Church Suit Against Getty Museum Moves Forward
“The J. Paul Getty Trust failed Thursday to derail a lawsuit by the Armenian Orthodox Church that accuses the museum of harboring stolen illuminated medieval manuscripts – 755-year-old works that are masterpieces and, to the church, spiritually and historically sacred.”