SAN FRANCISCO (CelebrityAccess) — The San Francisco Conservatory of Music (SFCM) announced plans to acquire classical music artist management agency Opus 3 Artists.
Following the acquisition, Opus 3 Artists will continue to operate as an autonomous company providing artist management services for more than 250 clients including conductors Daniel Barenboim, James Conlon, Christoph Eschenbach and cellist Yo-Yo Ma.
David H. Stull, President of SFCM, will serve as Chairman of the alliance, and oversee a joint leadership team, while David V. Foster will continue as President and CEO of Opus 3 Artists.
The new partnership will focus on global management for its clients while fostering training and artist development for aspiring artists in the world of performing arts.
“SFCM and Opus 3 are dedicated to supporting the finest artists of our time and cultivating the emerging talent of tomorrow,” said Stull. “This ambitious model will support a mutual amplification of mission and provide a platform for limitless artistic collaboration and project development. By coming together, our two institutions will also create new pathways for diverse artists and leaders to enter the profession. I am deeply grateful to our anonymous angel investor who made this possible.”
The alliance is effective immediately.
The decision of a major performing arts organization such as SFCM to acquire Opus 3 is unusual and prompted, at least in part, by the ravages of coronavirus on the live music sector.
“As the COVID thing hit and we had to reduce our staff,” Foster said told the Associated Press. “It became clear we were going to have much reduced income. So the question is then, what do you do?”