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Concert Industry Lost $30 Billion Overall in 2020 – Variety

Yikes 😬 that’s a lot of Bread lost.

The global concert industry lost $30 billion, including $9.7 at the box office, due to the pandemic shutdown that began in March.

At the top of the year, the industry was projected to hit a record-setting $12.2 billion at the box office in 2020, but instead incurred $9.7 billion in Boxoffice losses after the industry effectively shut down completely in March.
— Read on variety.com/2020/music/news/concert-industry-lost-30-billion-2020-1234851679/

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