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Auctions in New York Reflect a Dip in the Market
Posted inArt Christie's Finances Phillips Auctioneers LLC Sotheby's

Auctions in New York Reflect a Dip in the Market

While some risk was offloaded to third-party guarantors at the November series, and sales hit estimates, Sotheby’s saw a loss on a Rothko and seemingly the Fisher Landau collection.
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Posted by By Scott Reyburn
Cryptocurrency Prices Surge, Driven by a Potential Bitcoin Fund
Posted inBitcoin (Currency) BlackRock Inc Computers and the Internet Exchange Traded Funds Finances Grayscale Investments LLC Regulation and Deregulation of Industry Virtual Currency

Cryptocurrency Prices Surge, Driven by a Potential Bitcoin Fund

Investors anticipate regulatory approval of an exchange traded fund linked directly to Bitcoin, which will they hope will encourage more people to invest in the digital asset.
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Posted by By David Yaffe-Bellany
Philadelphia Orchestra and Musicians Reach Contract Deal
Posted inClassical Music Finances Kimmel Center for the Performing Arts (Philadelphia, Pa) Organized Labor Philadelphia (Pa) Philadelphia Orchestra Wages and Salaries

Philadelphia Orchestra and Musicians Reach Contract Deal

The agreement, which includes salary increases of nearly 16 percent over three years, ends months of tense negotiations.
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Posted by By Javier C. Hernandez
The Metropolitan Opera Guild Will Wind Down Amid Financial Woes
Posted inClassical Music Finances Gelb, Peter Layoffs and Job Reductions Magazines Metropolitan Opera Metropolitan Opera Guild Miller, Richard J Nonprofit Organizations Opera News Philanthropy

The Metropolitan Opera Guild Will Wind Down Amid Financial Woes

The organization, founded in 1935 to support the opera house, will lay off 20 employees and stop publishing Opera News as a stand-alone monthly magazine.
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Posted by By Javier C. Hernandez

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