The company also said in the spring it would reboot its newly minted outdoor pop-up series, which found success this fall and features small ensembles who play free shows in parks and on street corners throughout the city on weekends.
The Phil said it estimates a net loss of approximately $10 million in the most recent fiscal year, as well as a loss of $20 million in ticket revenue from the cancelled 2020-21 season. A Philharmonic spokesperson told AFP the organization is in negotiations with musicians but declined to comment on specifics per its agreement with the union.
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