The Nashville Symphony Orchestra has canceled its 2020-21 season.

In a press release, president Alan D. Valentine said, “Today, our Board of Directors voted to suspend all concert and event activity through July 31, 2021, and to furlough a total of 79 musicians and 49 full-time staff members, effective July 1.”

He continued, “Like many other businesses and organizations, the Nashville Symphony has been profoundly affected by the COVID-19 pandemic: To date, we have been forced to cancel or reschedule more than 65 concerts and events, with losses thus far caused by the pandemic projected to total $8 million, or nearly 30% of our annual income.

“Since March, the Nashville Symphony’s management has been exploring every available option to ensure the long-term sustainability of the institution. In light of our current challenges, we firmly believe that today’s decision is the best course of action to ensure that the Symphony can continue serving our community in the long run.

The orchestra is planning to reschedule all 2020-21 concerts for the 2021-22 season. Ticket holders will be contacted by the Nashville Symphony’s staff no later than July 15, 2020.

The Nashville Symphony’s 2020-21 season was set to include a Beethoven celebration as well as performances of Handel’s Messiah, among other major events.