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Ensemble

Troubles in Florence

GIUSEPPE PENNISI was at the
opening night of the Maggio Musicale Fiorentino

 

The Florence annual music Festival -- named 'Florentine Musical May' but extending to the end of June -- is in serious financial trouble. The pertinent foundation no longer has any assets, but instead a stock of 36 million euros debt. Its operational expenditure exceeds subsidies and other sources of funds (tickets, advertising, selling of productions) by 5 million euros. The negative cash flow may reach 8 million euros per annum when the New Theatre (under construction for years with huge cost overruns) starts operating (now foreseen in late 2014)...

Copyright © 7 May 2013 Giuseppe Pennisi,
Rome, Italy

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GIUSEPPE VERDI

DON CARLO

FLORENCE

ITALY

ZUBIN MEHTA

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