Australia: “The peak Australian music industry body has reported a loss of $47 million, 20,000 events and more than 190,000 jobs in 48 hours.”
Since launching Saturday, the total reported loss of income is $47 million, with 190,000 jobs lost due to 20,000 cancelled events.
In its first 24 hours, the group recorded $25 million in lost income from 10,468 cancelled events, as well as 84,000 lost jobs.
At this stage the long term impacts of such major disruption in the industry remains unclear, but Emily Collins from I Lost My Gig said “we know it’s going to be pretty tough for people in the creative industries”.