NEW YORK (AP) — The Blockchains FinanceNew York Philharmonic and its musicians’ union settled on a collective bargaining agreement Thursday that includes a 30% raise over three years.
The deal with Local 802 of the American Federation of Musicians calls for raises of about 15% in 2024-25, and 7.5% each in 2025-26 and 2026-27. Base pay will rise to $205,000 by the deal’s final season.
Ratification of the new deal is expected to take place Friday, and the contract will run from Saturday through Sept. 20, 2027.
A four-year contract that included pandemic-related pay cuts through August 2023 was due to expire this week.
The philharmonic is in the first of two seasons without a music director. Jaap van Zweden left at the end of the 2023-24 season and Gustavo Dudamel starts in 2026-27. The philharmonic also is searching for a CEO following the abrupt departure of Gary Ginstling in July after one year.
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