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The orchestra was founded in 1945 by [[Walter Legge]], and although it did give the occasional live concert, it was mainly intended to be a recording orchestra for [[EMI]], where Legge was an executive. On Tuesday 10 March 1964, Legge announced that he was going to suspend the Philharmonia Orchestra. At a recording session with [[Otto Klemperer]], a meeting was convened where those present unanimously agreed that they would not allow the Orchestra to be disbanded. Klemperer gave his immediate support, and on 17 March 1964 the
Orchestra elected their own governing body and adopted the name "New
Philharmonia Orchestra". The inaugural concert of the New Philharmonia Orchestra under its own auspices took place on 27 October 1964. It was a performance of [[Ludwig van Beethoven|Beethoven]]'s [[Symphony No. 9 (Beethoven)|Ninth Symphony]], conducted by Klemperer, who was now Honorary President of the Orchestra.
The orchestra gave many more live performances after it became self-governing than it had under Legge's stewardship. Continuing as the "New Philharmonia Orchestra," it reacquired the rights to the name "Philharmonia Orchestra" in 1977, and has been known by that name ever since.
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