The Who cancel tour
Forums:
https://www.baltimoresun.com/coronavirus/ct-ent-the-who-cancels-uk-tour-...
Looks like the Stones is not far behind
Mar 11: The Rolling Stones Tour 2020 in danger due to the coronavirus
The coronavirus COVID-19 is today declared a worldwide pandemic by the World Health Organization, see the report WHO characterizes COVID-19 as a pandemic. With the current and soon to come extreme limitations in local as well as global travel and crowds, it seems unlikely that The Rolling Stones will be touring in 2020. An official statement from the band is expected within the next few days. See the IORR thread Coronavirus disease COVID-19 and The Rolling Stones US/CA 2020 Tour.
Also rumor of Wolf Bro. tour cancelation.
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Live Nation Entertainment
Live Nation Entertainment stock price:
Feb 19: 76.08
March 12: 41.48
SAD!
Top of Page Bottom of Page PermalinkFull Name: Bucky Badger
Awwwww....
Awwwww....
"Just ten days ago, Live Nation CEO Michael Rapino was downplaying coronavirus concerns, while pointing to a temporary disruption. “Most of our business doesn’t start until the middle of June onwards,” Rapino stated. “So the next few months, we’ll have some cancellations, I assume, here and there in some arenas and clubs, but the heart of our business happens this summer.”
Wall Street investors are less convinced of that breezy assessment. Earlier this week, we reported on a major slide in shares of Live Nation (LYV). Today, that slide became an avalanche, with shares dropping an additional 16.5% amidst rising concert cancellations and coronavirus pandemic concerns. Doing the math, the one-day plunge on Wednesday amounted to roughly $1.8 billion in stock market valuation."
https://www.digitalmusicnews.com/2020/03/11/live-nation-stock-freefall/
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LOCKN also canceled.
Bummer.