The New York Philharmonic Orchestra becomes the latest musical organization to fall prey to the Covid-19 virus, when the orchestra canceled the remainder of their 2019/20 concert season. The cancellation also includes a tour of Europe where they were scheduled to perform 10 concerts.
The orchestra estimates that shutting down their season will result in millions of dollars in lost revenue.
While members of the orchestra will continue to receive their health insurance; they will see their salaries drastically reduced. Salaries will be cut to the union minimum for April and lowered further to 75 percent of the minimum for May.
There are 106 members in the orchestra that are affected by the cancellation; however, so far there have been no decisions made for the 113 member administrative staff.
The Philharmonic will be making use of their archives.
The Philharmonic has yet to make a decision on the summer Concerts in the Park or the July performances in China and Vail, Colorado.