Nashville Symphony Receives $10 Million Lifeline From Oracle

The Nashville Symphony has received a $10 million gift from the technology company Oracle, just days after it had made the difficult decision to suspend its current season and furlough musicians and other staff members because of financial difficulties.The gift will allow the symphony to resume the season, which runs through June 2027, and to retain staff, Mark Tillinger, Nashville Symphony’s president and chief executive, said in a news release on Sunday.At the end of September, the symphony announced that it did not have enough money to sustain itself and would have to cancel performances.“The past week has been difficult for our musicians, staff and community,” Tillinger said.

“The uncertainty was real, and we recognize the concern and frustration it caused.”Oracle, the technology and database management company, is building its new headquarters in Nashville.The Nashville Symphony is one of a number of American orchestras struggling with declines in revenue, attendance and donations, instability in leadership and strikes by musicians.A search for cost cuts has put a strain on both musicians fighting for higher wages and patrons who support the institutions.Around the time that the symphony announced the suspension of concerts, there was a swift change in leadership.

J.Mark Cantrell stepped down as president and chief executive after only about two months in the job.

The board of directors then appointed Tillinger, a former board member.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access.If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe....