International acts might not tour for another year, says music promoter

The three largest tour promoters in Australia – Live Nation, TEG, and Frontier Touring/Chugg Entertainment – contract to 600 small businesses and employ thousands of people for live shows around the country. When the government implemented a ban on public gathering, all those people found themselves without a source of income.

"I hope not, my fingers and toes are crossed, but I think it is inevitable that we will lose some of these businesses," TEG's CEO Geoff Jones said. "They are small businesses, they live tour to tour, they are people that depend on a vibrant touring market."Evan Agostini/AP "The live entertainment industry was the first industry that was hit the day the bans went on for public gatherings, so we were the first to lose all revenue completely," Jones said.Most spend between $500,000 and $1 million marketing a show before it begins and already hundreds of tours have been cancelled or postponed, bleeding millions out of the industry."We have no revenue coming in," Jones said. "Nothing is coming in, it is all going out.

The three companies have sent a joint letter to Prime Minister Scott Morrison in support of Live Performance Australia's request for a targeted $650 million support package, suggesting funding could be divided between wage subsidies for people who work in the live entertainment industry, cash injections for performing arts companies and regional venues, and additional funding for mental health charity Support Act.

"The live entertainment industry stands up and does big events for bushfires and floods and natural disasters and raises millions for kid's charities and hospitals," Chugg said. "We give a lot and I think all those people do deserve some support during this time."Get our Coronavirus Update newsletter for the day's crucial developments at a glance, the numbers you need to know and what our readers are saying.

Source: Entertainment Trends (entertainmenttrends.net)

nathanaelcooper Oh well FaithNoMore...

nathanaelcooper Good. Is most most modern music good or is it really a scam and a degradation?

nathanaelcooper Considering how deep the recession will be, no one will be able to afford $200 concert tickets for a few years

nathanaelcooper Stating the obvious

nathanaelcooper Talk about stating the bleeding obvious

nathanaelcooper Muh rock n roll

nathanaelcooper Okay

nathanaelcooper Diddums

nathanaelcooper I can't stop looking at the tits in the orange.

nathanaelcooper Can we have Tame Impala and Sia touring instead?

nathanaelcooper Then lets have Australian Acts touring we can ckpe with that.

nathanaelcooper The least of our worries. In saying that I can't afford to go to see a international act anyway.

nathanaelcooper Whole travel scenario has now changed. International travel wil not flow till this killer virus is sorted out & really a vaccine is found.

nathanaelcooper This is devastating. Our poor industry. Will the government ever listen and support the Arts?

nathanaelcooper 'next year'? As Jacinta Adern has said earlier today, NZ and almost certainly other countries such as Australia won't be allowing international travel without an effective vaccine - 18-24 months away

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