Days after appointing a new interim managing director, Pittsburgh Ballet Theatre has decided not to pursue its effort to force the company’s pit musicians to accept an immediate 50% pay cut. The cut, demanded by the company last year, would have necessitated the early reopening of an existing contract, and would have fixed the musicians’ pay well below the per-performance rates required by the venue in which the PBT performs. Both sides now say that they are working towards a new long-term contract for the musicians.