Pollstar, the site that keeps track of the live music industry, reports on the state of the concert industry six months into the pandemic. Here’s an executive summary. (The full report can be found here.)
- More than half of all venue respondents, 54.8%, believe the industry will return “to full capacity” in 2021.
- 75.2% responded that they do not believe the [US] government “has given proper consideration to the plight of the sports and live entertainment industry as compared to other impacted industries such as airlines, hotels, restaurants/retail.”
- Approximately 60% say they would personally embark on a tour or work a show now if health guidelines are followed (17.6% of those would work unconditionally).
- More than 80% expect an increase in cashless/touchless technologies.
- More than 72% of respondents expressed “concern about their company’s ability to survive COVID-19.”
- Nearly half of those responding said they have received some sort of government assistance during the pandemic.
- Indicative of their love for this industry, more than half said they have not considered leaving the live entertainment business and less than 3% have embarked on a new career outside of live.