Schermerhorn Symphony Center

A Texas-based company specializing in cloud-based data, cloud-based database infrastructure.

And they are creating a strategic partnership with the Nashville Symphony that will allow the furloughed musicians and staff to return to work at the Schermerhorn Symphony Center.

Must be the Oracle Schermerhorn Symphony Center.

About to be.

Private equity, equity hidden orchestras is crazy.

It does seem like a big question.

Um, it, it, uh, certainly the, the building itself, the Schermerhorn Symphony Center, has, has been central to the, um, the, the, the money troubles at the symphony for, for many years.

And Colleen, you, you wrote about this essentially, uh, showing that the building almost, when it came down to it, came first before the mu- the musicians almost.

What, what do you mean by that?

I...

Certainly, the, the building itself, the Schermerhorn Symphony Center, has, has been central to the, um, the, the, the money troubles at the symphony for, for many years.

And Colleen, you, you wrote about this, essentially, uh, showing that the building almost, when it came down to it, came first before the mu- the musicians almost.

What, what do you mean by that?

And they are answerable to the CEOs and ownership of the company.

Right.

Can the symphony afford the Schermerhorn?

It's a good question and one we've been wrestling with for the last few days.

The brand new CEO resigned.

The only performances left on the schedule for the Schermerhorn Symphony Center were the kinds where the venue is basically rented out by some other performer who pays for orchestral musicians to back them up.

That put the roughly 100 members of the symphony in a horrible position.

Their jobs were gone.

Musicians and staff are set to be let go October 18th, the symphony said.

According to the symphony, the money will allow the organization to resume its 2026-2027 season and bring musicians and staff back to the Schermerhorn Symphony Center.

One week ago, we wrote to you with difficult news.

The Nashville Symphony was suspending the remainder of our season and taking other difficult steps to address a serious financial challenge, the organization said in a statement on their website.

I mean, there have been rumors in town for years that the symphony board is not great at their jobs.

They clearly overspent on the Schermerhorn Symphony Center, right? That's where Martha Ingram has had-

Yeah

... to swoop in for years to cover the bill on that thing.

Suspending concerts and furloughing colleagues impose profound hardship on people who have given this institution their talent, their labor, and their trust, he said.

Schermerhorn Symphony Center will remain open for private rentals and events during the restructuring period, and previously booked weddings and other events will not be affected.

Music director Leonard Slatkin said his final concerts of the season will take place October 16th and 17th, but he plans to remain in his role during the restructuring.

Although my final concerts this season will take place on October 16th and 17th, I intend to remain the Nashville Symphony's music director, and I'm committed to walking alongside our musicians, staff, board, and community as we work toward our return," Slatkin said.