Live Events Coalition Requests Additional Funding, Health Insurance
The Live Events Coalition is requesting additional federal assistance to rejuvenate the hard-hit industry. In a new update to a change.org petition, the coalition is asking the government to provide an additional $800 billion in emergency funding along with health insurance for workers who have lost coverage through layoffs... Read more
Eventbrite Lays Off 45 Percent Of Workforce Amid Pandemic
Ticketing platform Eventbrite announced to its staff this week that it is laying off 45% of the company during the coronavirus pandemic, which includes many employees from its music division, Billboard reports. While coronavirus causes massive revenue cuts across the music industry, ticketing sites are doing whatever they can... Read more
CTS EVENTIM Welcomes Federal Government’s Resolution On Voucher Solution
“We welcome the initiative of the federal cabinet to enact a voucher scheme for cultural, concert, sports and leisure events. Culture is systemically essential, and the bill proposed today by the government supplements the current contract law governing events with urgently needed provisions to mitigate the financial impacts of... Read more
Virus Plateau Nearing In Hardest Hit Areas Across U.S.
While coronavirus has taken its toll on the globe over the past few weeks, the virus seems to be plateauing in some of the hardest-hit cities in the U.S. New York City announced a record death toll and hospitals are struggling to save thousands of lives, however, Governor Andrew... Read more
Learfield IMG College Names New CEO
Texas-based sports marketing firm Learfield IMG College is bidding farewell to its longtime CEO Greg Brown. As Brown prepares to retire from his post, company newcomer Cole Gahagan has been announced as his successor. Gahagan joined the Learfield team at the start of this year as the president of... Read more
Concert Industry Faces Up To $9 Billion Loss From Pandemic
Concerts and festivals across the globe continue to be postponed or cancelled due to the novel coronavirus pandemic. No one sees an end in sight, and that means the concert industry is going to see a huge decline in revenue. On Friday, the research firm and trade publication Pollstar... Read more
Updating List Of Every COVID-19 Cancellation And Postponement
The ongoing coronavirus pandemic has been detrimental to several facets of life, but perhaps most impactful on the live event industry. As public health authorities urge residents to limit group gatherings to curb the spread of the virus, hundreds of events around the country have been forced to cancel... Read more
Viagogo Announces Cuts To Ireland Staff
Business setbacks amid the coronavirus pandemic has forced Viagogo to make staffing changes. The European ticketing platform has put all employees at its customer service center in Limerick, Ireland on “protective notice” for a period of 30 days. The measure aims to reduce costs by switching select full-time employees... Read more
Chaffee County Pushes Back Live Nation Payment For Seven Peaks Festival
The payment for Live Nation’s Seven Peaks Concert does not need to be paid at this time, Chaffee County commisioners voted in a special meeting this week. In order to cover the country’s costs, which includes hiring additional law enforcement and emergency personnel, the agreement requires a 20 percent... Read more
CTS EVENTIM: Forecast For 2020 Financial Year Withdrawn Due to Corona Crisis
Due to the current uncertainties surrounding the further development of the Corona crisis and its impacts, the Management Board takes the view that it is currently not possible to issue a sufficiently reliable and specific new forecast for the 2020 financial year. In the 2019 Annual Report published in... Read more