Two of the worlds biggest live music promoters, Live Nation and AEG have joined forces with the biggest booking agencies to collectively recommend the postponement of all large-scale live events worldwide amid growing concerns over Covid-19.
The statement – issued by Live Nation, AEG, CAA, WME, Paradigm and UTA – reads: “The world’s leading forces in live entertainment have come together to form a global task force to drive strategic support and unified direction ensuring precautionary efforts and ongoing protocol are in the best interest of artists, fans, staff and the global community.
“The task force includes Michael Rapino (CEO and President, Live Nation Entertainment), Dan Beckerman (President and CEO, AEG & Board Member, ASM Global), Jay Marciano (Chairman and CEO, AEG Presents), Rob Light (Managing Partner and Head of the Music Division, CAA), Marc Geiger (Partner and Head of Music, WME), Sam Gores (Chairman, Paradigm), Marty Diamond (Head of Global Music, Paradigm), and David Zedeck (Global Head Of Music, UTA).
“At this time, we collectively recommend large scale events through the end of March be postponed. We continue to support that small scale events follow guidance set by their local government officials. We feel fortunate to have the flexibility to reschedule concerts, festivals, and live events as needed, and look forward to connecting fans with all their favorite artists and live entertainment soon.”
Live Nation informed its employees that the suspension of touring activities would last through the end of the month, will be effective immediately while the organisation figures out its next move. Live Nation Entertainment (LNE) continues to see its market cap valuation driven dramatically down by fears over the spread of the so-called Coronavirus.
Live Nation also runs festivals including Reading & Leeds, Isle Of Wight, Latitude, Wireless, Download. AEG owns The O2 London and runs BST Hyde Park as well as APE Festival.
Live Nation issued statements for its festivals: “At this time, [festivals are]… going ahead as planned. Please be assured that the safety and health of all staff and visitors, is our main priority and we are implementing recommendations and instructions appropriately.
We are closely monitoring official guidance from the World Health Organisation, Public Health England, UK Government, local public health authorities and are working with event promoters and organisers as information evolves.“
Americas best-known festivals, Coachella (A festival run by AEG’s Goldenvoice) and SXSW, will be re-scheduled in response to public health concerns. UK events: Hideaway Festival has been cancelled and C2C Festival has postponed its London, Glasgow and Dublin dates due to growing concerns over the coronavirus crisis. Elsewhere, artists such as The Who, Green Day, Pearl Jam, My Chemical Romance, Madonna and Foals have all been forced to either cancel or postpone planned shows in territories across the world in recent weeks.
Glastonbury Festival announced its line up this evening with a cautious statement, with Emily Eavis saying: “So, after much consideration given the current circumstances, and with the best of intentions, here is the first list of musical acts for Glastonbury 2020.
As things stand we are still working hard to deliver our 50th anniversary Festival in June and we are very proud of the bill that we have put together over the last year or so. No one has a crystal ball to see exactly where we will all be 15 weeks from now, but we are keeping our fingers firmly crossed that it will be here at Worthy Farm for the greatest show on Earth!“
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