UK live sector at “brink of collapse” due to new Omicron variant, LIVE survey reveals
With COVID-19 continuing to affect everyday life, a recent survey conducted by LIVE has unveiled the latest impact that the new variant Omicron has had on the live entertainment sector in the UK. As the constant increase in cases on the island, combined with the insufficient financial support from the government, the UK is now in a cross-turn as it
Live Nation suffers 95% revenue loss in third quarter of 2020
As expected, the COVID-19 pandemic took its toll on the entertainment industry with cancelled or postponed shows, widespread job reductions, severe revenue losses, leaving music fans and employees in emotional distress. One of the most seriously affected is global entertainment giant, Live Nation, that recently unveiled the company's 95% revenue loss, almost $320 million, only in the third quarter of 2020. The company