COVID-19’s impacts on society are unprecedented and nobody can say precisely when we will return to normal public life.
Experts predict that COVID-19 will cut in the United States alone. Global entertainment giant and will not reopen until January 2021.
If public safety is still at risk in the summer, global concert promoters like Evenko, AEG or Live Nation will be at risk of .
Juggling immediate impact
In response to public health directives, live event and entertainment companies have focused on public safety, protecting employees and flattening the curve. As a result, they are now left coping with the immediate impact of not having “bums in seats” to pay for their operations’ fixed and sunk costs.
Cirque du Soleil has shut down 44 worldwide