New York Philharmonic: The Difficult Business of Beautiful Sounds
The New York Philharmonic is one of the world's finest orchestras. Yet in the US, orchestras are not publicly funded. Managing director Matias Tarnopolsky must be inventive.
Matias Tarnopolsky, CEO of the New York Philharmonic, is leading the orchestra on a European tour with over 100 musicians and new chief conductor Gustavo Dudamel. The orchestra, founded in 1842, relies heavily on sponsorships, which totaled $63 million in the 2024/25 season, nearly double the revenue from ticket sales and fees. Without these funds, the orchestra's survival would be difficult, as public funding is not available in the US like it is in Germany.
Tarnopolsky's role is to promote the orchestra and create an environment for the musicians to perform at their best, while also securing the orchestra's financial future.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
