Klarinet Archive - Posting 000068.txt from 2011/04
From: Finn Jespersen <fj4800@-----.dk>
Subj: Re: [kl] Very sad news for NM musicians today...
Date: Fri, 22 Apr 2011 08:44:22 -0400
I=B4m sorry too, and think about the priviliged situation for s o=B4s here =
in Scandinavia, where a permenent position in a public financed s o is as g=
ood as a life insurance (if you keep sharp in your playing, of cource).
Finn Jespersen, Denmark
> From: keith.bowen@-----.com
> To: klarinet@-----.com
> Date: Wed, 20 Apr 2011 12:01:22 +0100
> Subject: Re: [kl] Very sad news for NM musicians today...
> =
> Dear Lori,
> =
> That is very sad news. I am so sorry for you and my other friends in the
> NMSO, shoes standards were always high and whose concerts were always very
> fine.
> =
> I hope something will come out of the ashes. It did in Denver some years =
ago
> so there is hope.
> =
> Best wishes
> =
> Keith
> =
> -----Original Message-----
> From: Lori Lovato [mailto:lorilovato@-----.com] =
> Sent: 20 April 2011 11:30
> To: The Klarinet Mailing List
> Subject: [kl] Very sad news for NM musicians today...
> =
> Hello Klarinet list,
> Here's some very sad news for us today. Can't believe my job is gone....
> Hopefully a phoenix will somehow rise from the ashes...
> Knew things were bad but I'm still stunned....
> Lori Lovato
> =
> =
> Wednesday, April 20, 2011
> =
> NMSO To File for Bankruptcy
> =
> By Astrid
> Galvan<http://www.abqjournal.com/cgi-bin/email_reporter.pl?staff=3Dyes>
> Copyright C 2011 Albuquerque Journal
> Journal Staff Writer
> After years of financial woes that included musicians going mon=
ths
> without pay, the New Mexico Symphony Orchestra will cease to exist.
> The board of trustees voted Tuesday to file for Chapter 7 bankrupt=
cy,
> which will effectively dissolve the organization and end its current seas=
on,
> according to a spokeswoman.
> "NMSO, like other orchestras around the country, has been hit hard=
by
> the decline in corporate gifts, changes in music taste, competing venues =
and
> the economy," Chairman John Slipke said in a statement.
> "We are saddened by this decision and inspired by the staff and
> musicians' commitment to continue working for four months without pay as =
we
> all worked together in our attempt to make NMSO a viable organization.
> "The board felt we no longer could ask for the sacrifices that have
> been required of those who work for us. The board recognizes its
> responsibility to protect its limited assets so that they can be shared w=
ith
> creditors appropriately."
> NMSO will file for bankruptcy today. More than 80 musicians and st=
aff
> members will be out of a job.
> The organization, which began in 1932, had difficulties making ends
> meet for years.
> The height of NMSO's struggles came during the recession, when both
> donations and attendance dropped off.
> In September 2009, NMSO discontinued medical and dental insurance =
for
> employees. The organization had lost more $900,000 in the fiscal year bef=
ore
> 2009, according to a letter to the Journal from Coleman Travelstead, head=
of
> the board of trustees.
> The organization came close to filing for bankruptcy that year aft=
er
> months-long employee contract negotiations seemed to go nowhere. But in l=
ate
> November 2009, musicians agreed to a two-year labor contract that institu=
ted
> a pay cut of almost 20 percent for a core of 24 to 32 musicians.
> Musicians are paid an average of $16,270 annually, negotiating
> committee member Denise Turner said last year.
> But they often went without pay. Most recently, musicians and
> staffers worked four months without compensation.
> Still, only last month organization leaders were optimistic when
> announcing the season's concerts. They had recently received a $242,000
> donation, which paid off the debt NMSO owed to Popejoy Hall, and allowed
> them to keep playing there. Another $50,000 donation helped pay workers
> wages owed to them.
> The symphony was operating under a $4.2 million budget for this
> fiscal year but owed employees more than $500,000.
> The nine remaining concerts scheduled this year have been canceled.
> People who purchased season tickets will not be refunded and will be part=
of
> the bankruptcy claim, a spokeswoman said.
> =
> =
> =
> =
> Read more:ABQJOURNAL NEWS/STATE: NMSO To File for
> Bankruptcy<http://www.abqjournal.com/news/state/202337567862newsstate04-2=
0-1
> 1.htm#ixzz1K3ccfRlZ>
> http://www.abqjournal.com/news/state/202337567862newsstate04-20-11.htm#ix=
zz1
> K3ccfRlZ
> Subscribe NowAlbuquerque
> Journal<https://subscriber.abqjournal.com/zipcodetest.htm>
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