Melbourne Symphony Orchestra has recorded the biggest loss in its 118-year history, as legal bills and termination payments helped blow a $3.3 million hole in its budget.
The MSO’s 2024 financial report, lodged without fanfare in May, revealed an operating deficit of $1.9 million as ticket sales fell 11 per cent to $15.7 million.
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Michael Bailey writes on arts and culture, and edits Weekend Fin. He is a former editor of the Financial Review Rich List. He is based in Sydney. Connect with Michael on Twitter. Email Michael at m.bailey@nine.com.au
