Markets have crashed before and orchestras did not go out of business. I suspect something more fundamental is at work. Is the model of philanthropic financing still viable? How far can anything go relying upon the kindness of strangers?
Also does corporate/philanthropy sponsorship influence the musical programming? I'm speculating, but people giving millions to orchestras probably want to hear music that they know about and not something on the adventurous side.
Also does corporate/philanthropy sponsorship influence the musical programming? I'm speculating, but people giving millions to orchestras probably want to hear music that they know about and not something on the adventurous side.