As I was listening to my colleague Mr. Johnston speak about the valley of death, it occurred to me that we are very different kinds of organizations speaking about very different kinds of activities and different potential for so-called commercial success among us. Some require seed money in order to find their appropriate commercial home. Sad to say, the economy of symphony orchestras is such that 50% of the revenue generally comes from ticket sales; another 20% to 30% comes from philanthropy, either corporate or individual; and the remainder comes from government. That has been the Canadian funding model for many years.
On October 17th, 2006. See this statement in context.