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Concert industry could lose $9 billion this year due to the coronavirus pandemic

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According to Pollstar, of the $12.2 billion projected this year in box-office receipts, $8.9 billion could be lost if the industry remains dark for the rest of the year due to the coronavirus pandemic.

, the Rolling Stones and the Eagles all scheduled for summer. Although many tours have been pushed back to fall rather than be canceled outright, the uncertainty around the virus’ spread — and the haphazard federal response in the U.S. — has punctured confidence that tours will resume in mere months.

If there’s a turnaround this year, it will likely come from the lower rungs of the business first. Although the— as of now, still planned for October — drove the initial conversation about the pandemic’s effect on music, Gensler said to expect club shows and regional tours to be the first signs of life in the industry again.

 

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Canada Producer takes Taylor Swift to love each other etc 890 trillion

If concert industry lode 9 billion this year ... how many could lose the tourism industry around all that kind of entertaiment?.

. eliwener

🎤🎚🎙🔊💿

So tired about hearing how much the economy and billionaires are loo$ing. The economy will always recover, sooner or later. The lives that are lost due to the unprecedented irresponsibility of this government won’t be recovered.

Foo Fighters, Rlling Stones, Los Lobos, Blue October, The Airborne Toxic Event ... 😭

Better than loosing lives.

And many many thousands have lost their lives .... No time for sympathy for people worried about 9 billion dollars . They will lose nothing ... that money wasn't made ... just predicted to be .

Really

ShaunVizzy 😢

Just sell tickets through Ticketmaster and add a Second show to the Rage against the machine tour

After hearing answers from the youngers during street interviews about history, democracy and world events .. I say read more .. study more and stop worrying if your ps4 can load that game you just bought.

Ticketmaster unable to charge 300% upcharge:

Do you mean lose or drop in revenue? There’s a big difference.

Anyone else noticing the amt of $$$ (you) saved lately?

Could lose our greatest artists

They overcharged for how many years They made billions themselves.....

So Ticketmaster will lose 8 billion. Got it.

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