Tuesday, November 19, 2013

Brooklyn Philharmonic Close to Bankruptcy

Crain's New York Business reported back on November 8 that the board of the Brooklyn Philharmonic is considering bankruptcy.

Another victim of the financial downturn of 2008, the Brooklyn Philharmonic canceled its 2009-10 and 2010-11 seasons. While 2011-12, the orchestra's only full season with the now infamous Richard Dare as CEO and Alan Pierson as artistic director, was a great artistic success, they've been practically dormant since then.

The New York Times also reported.