Funding Tag

A recent survey conducted by Event Industries Finland has led to major concerns relating to the permanent closure of the country’s live events sector. Financial support provision has moved up the scale of significant requirements, with up to 2,300 companies in Finland’s live sector being expected to be out of business within a six-month timeframe. Moreover, almost 300 events have been found

During last month, news broke that SoundCloud only had enough funds to carry on for another 50 days before the music streaming service would shut down. Recently however, rumours had circulated that if SoundCloud did not swipe a deal their closure was more than likely imminent within the next 24 hours. Thankfully the music platform has secured emergency funding for the foreseeable future