Symphonies and orchestras are facing a major crisis. The San Francisco Symphony has been on strike for over two weeks with musicians demanding higher wages while concert attendance has faced significant decreases. Earlier in the season, Chicago had its own strike. According to Musician Wages, âboth the musicians and the management of our major orchestras are overpaidâ and this is causing many problems. However, he does propose a solution that may help. See what the solution is on Music Think Tank.
âOver the past 30 years they have demanded higher and higher paychecks while ticket sales and recording revenues have continued to drop dramatically. There is no business in the world that can sustain a negative revenue model like that.â (Read On)