Oracle commits $10 million to support Nashville Symphony restructuring

  • Oracle committed $10 million to a strategic partnership with the Nashville Symphony.
  • The funding restores the 2026-27 season and reverses planned October 18 furloughs.
  • Oracle shares were up 2.29% at $145.56 at the time of publication.

Oracle has committed $10 million to a strategic partnership with the Nashville Symphony, helping address immediate financial needs, restore the 2026-27 season and return full-time staff and orchestra members to work at the Schermerhorn Symphony Center. The employees had been scheduled for furloughs beginning Oct. 18 as the organization underwent restructuring. Nashville Mayor Freddie O’Connell welcomed Oracle’s involvement, while Symphony President and CEO Mark Tillinger described the commitment as a lifeline. Oracle CEO Clay Magouyrk said the partnership reflects the company’s expanding presence in Nashville, including its new headquarters under development on the city’s East Bank. Oracle shares were reported at $145.56, up 2.29%, at the time of publication; an earlier market update reported a Monday close of $142.30 and a subsequent 0.44% premarket gain to $143.15.

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