COVID-19 live-event shutdown (2020)
In March 2020, the COVID-19 pandemic forced arenas and theaters worldwide to close. Concerts and tours that had been on sale for months were cancelled or postponed at a scale the industry had never seen.
Mass cancellations, refunds, and empty venues that lasted months.
Live events returned once restrictions lifted, restarting the arena concert economy.
Shows that a scheduled show is a promise external shocks can reverse, however solid the listing looks.
