Four music bosses collect a Swiss francs bonus

A New York-based magnate has decided to give 25,000 Swiss francs each to four chaps who run music ventures.

Just like that.

The Vendome Prize has decided to honour four music administrators with the Vendome Awards of SFr25,000 each. The awards have been given to Raymond Trenkler (Founder and Director of the Kronberg Academy), Michael Haefliger (Artistic and Executive Director of the Lucerne Festival), John Gilhooly (Artistic Director of the Wigmore Hall, London) and Martin Engstroem (Founder and Executive Director of the Verbier Festival). 

The Prize is paid out by Alexis Gregory, Russian-American owner of The Vendome Press arthouse.

Why the prize? we asked. Because he wants to.