Friday, February 4, 2011

'Tipping point' in Detroit

A consortium of banks has called in a $54 million loan to the Detroit Symphony, whose musicians have been on strike since September. The banks' move may lead to settlement of the strike, or may force the orchestra into bankruptcy, writes Daniel Howes, a columnist for The Detroit News:$54M-loan-repaid

FEB. 10 UPDATE: The musicians reject the latest management contract proposal, upping the odds that the orchestra will cancel the rest of this season. Mark Stryker reports in the Detroit Free Press: