“There is a critical need to find effective ways to derive actual income from online concerts”
The coronavirus continues to wreak havoc on the global economy and one of the most affected sectors is the live events industry – the very industry that brings your favourite artists and idols to your city.
Based on a survey of 5,600 self-employed individuals who work in this sector, 71% of them are deeply concerned about being able to pay their bills, while 46% of those surveyed are already experiencing loss of income. Some predict the outbreak will sustain itself…
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Melvin Wong, founder of blockchain ticketing company 1Krowd, explains how best to monetise online concerts and events in the wake of the Covid-19 pandemic
Comment 25 March 2020