Bloomberg News reports on salaries at the New York City Ballet, including a report that Peter Martins took a salary cut from $706,000 to $699,000 this year.

http://www.bloomberg.com/apps/news?pid=20601088&sid=aJjj8nuW0VKI

"City Ballet is one of several New York cultural institutions that paid top dollar for experienced managers, particularly before the contracting U.S. economy put pressure on donations.

The 62-year-old ballet master in chief’s annual compensation fluctuates due to royalties and commissions he earns for his choreography, said Robert Daniels, a spokesman. Martins, who took over in 1981, oversees both the artistic and business sides of the company."