San Antonio Symphony could face $1 million in debt

Posted on: September 6, 2012

In Wednesday’s (9/5) San Antonio Express-News (Texas), David Hendricks writes, “With the start of its new season less than a month away, the San Antonio Symphony has no approved budget, no contract with its musicians and no date set to come up with a new plan. But despite mounting debt, it does have a season planned—at least on paper. The symphony now faces a debt of about $850,000, Jack Fishman, symphony president and CEO, said Tuesday. That debt could climb closer to $1 million if the National Labor Relations Board agrees with symphony musicians that they’re owed more than $225,000. Fishman said contract negotiations with the musicians will be held ‘soon,’ and that he believes the 2012-13 season will begin as scheduled. ‘We have to come to an agreement,’ Fishman said. … The union for the 72 musicians filed a complaint to the NLRB against the organization Tuesday, alleging nonpayment of wages and failure to negotiate in good faith. On Friday, the musicians’ 2011-12 contract expired. The contract was an extension of the terms of last year of the 2007-11 contract. The first rehearsal for the 2012-13 season is Oct. 2, with a classical series subscription concert scheduled for Oct. 5.”


Posted September 6, 2012