In light of Michigan's sluggish economy, the orchestra will save about $1 million through the concessions.
"Key to the new deal is a provision that rolls the players' electronic media guarantee ... into their annual base salary," writes Mark Stryker of the The Detroit Free Press. The new contract grants a lump sum equivalent to what musicians had previously received on a per-radio-broadcast basis; management can now use their performances in various transmissions, including television and internet, without extra charges.
In addition, musicians will pay for some of their health care costs; new employees will be frozen out of one of the two pension plans to which the DSO contributes on their behalf.
The Free Press also reported orchestra president Anne Parsons saying that the DSO will probably finish in the red for 2007, as a new law dictates that the orchestra set aside an extra $1.5 million for its pension funds over the next three years.