The live music industry is taking a beating with the coronavirus situation and there’s no way to tell when things will start to get better. The news is coming minute-by-minute, so it’s hard to make any kind of predictions or projections.
To be on the safe side, Live Nation, AEG, and a list of talent agencies (including CAA, WME, UTA, and Paradigm) have agree to suspend major tours until the end of the month. They’ve also announced the formation of a task force that will constantly assess the situation.
From their statement:
“The world’s leading forces in live entertainment have come together to form a global task force to drive strategic support and unified direction ensuring precautionary efforts and ongoing protocol are in the best interest of artists, fans, staff, and the global community.”
“At this time, we collectively recommend large scale events through the end of March be postponed. We continue to support that small scale events follow guidance set by their local government officials. We feel fortunate to have the flexibility to reschedule concerts, festivals, and live events as needed, and look forward to connecting fans with all their favorite artists and live entertainment soon.”
Unprecedented, right? The financial fallout, already bad, will just get worse.
Then there’s the Canadian Live Music Association. They issued this statement.
“Canada’s concert promoters and festivals are in the process of educating patrons as to appropriate hygiene protocols, leveraging guidance and resources currently available to mitigate risk, and are ready to respond further and as necessary in partnership with government health authorities. Our number one priority is the health and well-being of our artists, fans, and employees. We are monitoring the situation closely.”
The next major tour that people are looking at is the Foo Fighters’ 25th anniversary roadtrip that’s scheduled to start in Phoenix on April 12. So far, it’s still a go.