MINNEAPOLIS (WCCO) — As the Minnesota Orchestra’s lockout continues into its fifth month, Minneapolis officials are grappling with the economic impact of lots of lost revenue.
CEO Melvin Tennant, of the city’s convention and visitors organization Meet Minneapolis, says the estimate of total revenue lost — including losses due to unsold tickets — could be as much as $2 million over the course of a year.
Orchestra officials say unsold tickets would account for just under $6 million. Tennant says the losses are mounting by the day with no scheduled concerts in sight.
NewsRadio 830 WCCO’s Laura Oakes Reports