“According to the nonprofit group’s bankruptcy petition, it has more than 100 creditors, debt of $1 million to $10 million, and a similar range for assets. For years, the organization has been bleeding money. It lost $1.5 million on total revenue of $3.1 million, according to its 2007 tax returns, the most recent return found.”
Tag: 07.13.09
Peter Gelb’s Salary Rose 36% In His Second Year At Met
“Peter Gelb earned $1.5 million in his second year as general manager of New York’s Metropolitan Opera, according to the company’s tax return for the year ending in July 2008. That was up 36 percent from the previous year. … Those numbers reflect a time before the fabled opera company at Lincoln Center started singing sorrowful tunes of loss as the economy tanked last fall.”
Photographer: AP Didn’t Own Rights To Hope Image
“The Associated Press, which sued artist Shepard Fairey for using an AP photograph as inspiration for a Barack Obama campaign poster, wrongfully copyrighted the image it seeks to protect, the photographer told a judge.” The photographer, Mannie Garcia, “is challenging both the AP and Fairey by trying to join the pending lawsuit between them.”
Former LA Phil Violinist, Reported Missing, Is Found Dead
“Robert Korda, a violinist who played with the Los Angeles Philharmonic for nearly 20 years, was found dead Sunday by the Los Angeles Police Department after he was reported missing by his family on Wednesday.”
Online Typefaces Won’t Always Be So Primitive
“The strange reality of the Web is that it’s harder to display a novel font than it is to embed a video. In this realm, at least, print media are still way ahead. … Compared with the typical issue of Cosmo, Slate and every other online magazine look like something out of the 1800s. Typeface designers and font fanciers have new reason for optimism though.”
Kennedy Center’s Arts Evangelist Kicks Off Recession Tour
Kennedy Center President Michael Kaiser, “the turnaround king,” embarks on a tour to all 50 states. He aims to talk financially strapped arts organizations out of trying to save their way to health — and tell them why they shouldn’t believe old chestnuts are a safer bet than adventurous programming.
Female Film Directors Having An Unusually Strong Summer
“Of all the films you saw last year, it’s statistically likely that fewer than 10 percent were directed by women. … It’s worth mentioning that no woman has ever won an Oscar for directing. A grand total of three have been nominated during the award’s eight decades of history. All that said, an unusually high number of films made by women are in distribution in theaters around the country right now — which is to say, there are seven.”
September – Publishing’s Cruelest Season
“September is even at the best of times a crucial month as publishers pit their best novelists against each other in the search for bumper end-of-year sales, with a scattering of new hardbacks by heavyweight authors. Little wonder that this year it is being eyed by senior managers with a certain amount of apprehension, if not dread.”
Cuba Goes Crazy For Royal Ballet
“Cuba has rarely hosted a performance by a foreign dance company in the years since Fidel Castro came to power in 1959. So when the Royal Ballet announced that it would be the first ballet company for three decades to perform in Havana tomorrow, on its first visit to Cuba in its 78-year history – every ticket was sold within hours.”
Prince Charles Quits Heritage Society In Dispute
“Prince Charles quit as patron of the Society for the Protection of Ancient Buildings, which William Morris founded in 1877, after it rejected a foreword he had written for a handbook on the restoration of old houses.”