Coronavirus: Local entertainment industry suffers great financial loss

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CoronavirusSouthAfrica: Local entertainment industry suffers great financial loss

The impact of the coronavirus is starting to take a toll on business owners in all sectors.

“The Carnival City Easter weekend is an annual event, so we work ahead of time to prepare and make sure we give the best to our audiences, so this is really hitting us on the financial side. But the reality is that things like this are not planned, and now that it has happened, we should be in a position where we do the right thing by protecting ourselves and the fans who come to watch our shows.”

“No one can say they were ready or prepared for this, everyone has been hit at the least expected time, at the beginning of the year.”“We’re working on releasing our new CD and DVD, which will be available in April, but every Friday we release different singles, so we urge our fans to check out and download those singles. Hopefully music shops won’t be closed.”

 

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It's not just the local entertainment industry. Globally the music industry has lost more than $8bn.

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