Margin Walker Presents, Texas' largest independent promoter, announced Monday that it would closing its doors permanently. Since its launch in 2016, Margin Walker has booked and promoted over 3,500 shows across Austin, Dallas, San Antonio and Houston.
Williams explains that Margin Walker lost steam after shows and tours continued to be booked, rebooked and then canceled all together. While he calls the team at Margin Walkers passionate, he says it was unrealistic for them to keep going until shows return either late next year or in 2022. Willams says the company dug themselves into debt assuming they would be back to doing shows in the summer of 2020, but the financial hole eventually became too big to recover from.
Despite the difficulties facing the live sector right now and in the near future, Williams says he isn't going away permanently."I've just done it for so long. It's what I know. I honestly don't know if I could get a job anywhere else," he says. "I am most concerned about the venues," Williams says."I'm shocked how many have made it this far, and without major government help. While there is some stuff around the corner that's hopeful, even then it's... a daunting task to imagine."
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