New York Philharmonic Cancels the Rest of Its Season

There is a growing sense that the resumption of large-scale performing arts in New York, and throughout much of the nation, is still almost a year away.

By Zachary Woolfe

“ The orchestra, which canceled its fall concertsin June, said it anticipated losing about $20 million in ticket revenue for the 2020-21 season, and has laid off approximately half its administrative staff. Those who remain and earn over $100,000 have had their salaries cut by up to 30 percent.

The Philharmonic’s contract with its musicians expired last month. As negotiations on a new contract continue, the players are earning what they have since May — about $2,200 per week, or 75 percent of the orchestra’s base pay — but with a new wrinkle: Those who earned more than base pay now also receive 35 percent of their “overscale,” or amount above the base.”

Source: The New York Times