Oracle pledged $10 million to Nashville's orchestra. Its budget gap was $10 million.
Oracle said on Sunday it will invest $10 million and form a partnership with the Nashville Symphony.
On 29 September the orchestra had announced it would suspend the rest of its 2026-27 season from 18 October, facing a $10 million gap in this year's operating budget, FOX 17 reported. Its 77 musicians and 27 staff were due to be furloughed.
The symphony now says the season will resume and "the announced furloughs of our musicians and full-time staff will not occur."
"Nashville is a city that understands how music can bring people together," Oracle chief executive Clay Magouyrk said in the announcement. Oracle is building its new headquarters on Nashville's East Bank.
The $10 million equals the gap the orchestra gave for this year alone. The announcements do not say what covers next year's budget, and the symphony itself says continued giving from the community and corporate partners "remains essential".
When a large company moves its headquarters to your city, what should it pay for?
Sources
Our file on Oracle
- 8 Oct
SAP said old ERP on Oracle loses its patches after 2030. Even SAP-sold licences.
- 6 Oct
FBI removed an Accenture contractor over a missed patch. Oracle issued it in June.
- 3 Oct
Oracle planned a Wisconsin AI campus for 2027. Its power hook-up is still unapproved.
- 2 Oct
Tencent can't buy advanced AI chips. It leased 100,000 from Oracle for $7 billion.
- 30 Sept
Oracle launched 25 AI agent apps that call AI models less often.
Every story here is open to read. The ERP LEADERS brief goes one step further.
The week in enterprise software, in one email: the stories that mattered, the failures with their figures, one case taken apart. Read a sample or sign up for the brief.
Welcome back. · Issue 01
