Decreasing ticket revenues (from $9.8 million to $8.3 million) last season, contributed to a $1.2 million deficit for Toronto Symphony Orchestra’s 2012/13 season The TSO already made a substantial deficit of $837,736 in 2011/12. After the retirement of Andrew Shaw the Orchestra is currently searching for a new CEO from whom it expects ideas to enlarge the audience and stabilize the financial situation.

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