Louis Veron and the Finances of the Academie Royale De Musique

Louis Veron became director of the Academie Royale de Musique in 1931 and managed it « a ses risques, perils et fortune. It had been poorly managed in the Restoration period with too rapid a turnover of directors, much waste and many abuses. With great determination and flair, Veron immediately initiated substantial changes in order to cut costs and raise receipts. The great success of Robert le Diable, both artistically and financially, was pivotal to his own success and he did indeed make a fortune. In so doing, however, he was too single-minded and fell out with all the State authorities. He failed to keep them informed and too often breached the obligations in his Cahier des charges. He resigned in 1835, with eighteen months of his six-year concession still to run.