Thursday, September 7, 2017
NYC and Studio Team Up to Keep Music Industry Humming
Berklee, a music education program, is taking over a legendary New York recording studio, bolstered by $6 million in city funding.
The recording industry has been shrinking globally in recent years. City officials said they made the investment to help keep Avatar, the studio on Manhattan’s West Side where artists ranging from Bruce Springsteen to Lady Gaga have recorded, in business.
Berklee trustee Pete Muller has acquired the studio, which will be called BerkleeNYC, for slightly under $20 million, according to Roger H. Brown, president of Berklee, which has campuses in Boston and Spain. . .