Ninety Percent of Indie Music Venues Expect to Close Forever if Shutdowns Last for Months to Come

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In a survey of independent concert venue owners in America, 90% said that they expect to shut down permanently in a few months if no federal funding becomes available. The poll was conducted by the…

In a survey of independent concert venue owners in America, 90% said that they expect to shut down permanently in a few months if no federal funding becomes available.among its nearly 2,000 members, who include owners and concert promoters from all 50 states.

The purpose of highlighting the high level of alarm in the report was to urge support for the Restart Act in Congress, along with “other like-minded proposals that tailor the PPP program to work for shuttered businesses like ours that have zero revenue, high overhead and no clear timeline for reopening.”

The report points to a Pollstar estimate that there will be $9 billion lost in ticket sales alone by the end of the year if venues can’t reopen, not counting food and beverage revenue.

 

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