Could baseball have a lesson for music lovers that would allow us to appreciate the past and the present at the same time? What is behind this ability of baseball fans to connect the present action to the sport’s past glory and still appreciate the moment-to-moment excitement of the players on the field? These aren’t distinct functions of sports fandom; they are closely related to each other, and they inform each other. A fan appreciates the successes of the past more as he or she sees contemporary players working to succeed now, and vice versa. This is the kind of thinking that the institutions of classical music need to promote if we want the field refreshed by new music and musicians.
— David Lang, composer, in a New York Times editorial, “A Pitch For New Music.” (via joshsternberg)

Today, there's this news: "Philadelphia Orchestra's Board Votes to File for Bankruptcy"

From the Philadelphia Inquirer:

The move makes Philadelphia’s the first major U.S. orchestra to file for bankruptcy, say industry groups and veteran observers.

Concerts and business operations continue unfettered. In fact, orchestra leaders in the next few days expect to roll out a $160 million fund-raising campaign - their largest and riskiest ever - to save the orchestra from the worst-case scenario of liquidation.

It will be interesting to learn how the orchestra’s major asset of $140 million in endowed funds is viewed by the bankruptcy court.

See also earlier Everything Matters posts here about the Detroit Symphony Orchestra’s saga.