Phoenix Symphony Lays Off 66 Musicians Despite Revenue Growth
On November 2, the Phoenix Symphony plans to terminate all 66 of its musicians despite experiencing a 50% revenue increase over the past two years. Fox 10 reports limitations on using endowment donations for operating expenses. In San Francisco, grants to artists that were meant to be distributed four weeks after agreements made in July remain unpaid as of October. Filmmaker Susannah Smith continues to rely on her mother for financial support. In London, Caryl Churchill’s play "Triumph" at Almeida Theatre critiques imperial cruelty. Lucy Guerin performed publicly for the first time in over a decade before passing leadership to Melanie Lane.
Key facts
- The Phoenix Symphony will lay off 66 musicians on November 2
- Phoenix Symphony revenues rose more than 50 percent in two years
- Restricted endowment gifts cannot cover operating costs
- San Francisco artist grants normally arrive within four weeks of July agreements
- Documentary filmmaker Susannah Smith was still borrowing from her mother for rent in October
- Caryl Churchill's Triumph runs 20 minutes at London's Almeida Theatre
- Lucy Guerin founded Lucy Guerin Inc in Melbourne 25 years ago
- Lucy Guerin danced publicly for the first time in 13 years before handing the company to Melanie Lane
- Elliott Management owns Barnes & Noble and Waterstones
- Elliott Management is expected to take both booksellers public next year at $3 billion or more
- James Daunt runs Barnes & Noble and Waterstones
Entities
Artists
- Caryl Churchill
- Lucy Guerin
- Melanie Lane
- Susannah Smith
- James Daunt
- Suetonius
Institutions
- Phoenix Symphony
- Fox 10
- San Francisco Chronicle
- Almeida Theatre
- The Guardian
- Lucy Guerin Inc
- Elliott Management
- Barnes & Noble
- Waterstones
- Amazon
- The New Yorker
Locations
- Phoenix
- United States
- San Francisco
- London
- United Kingdom
- Melbourne
- Australia