LYV - Live Nation's Upbeat 'Press Release' Reason To Be Cautious
On March 12, Billboard was the first to report that Live Nation Entertainment Inc. (LYV) suspended all arena tours due to the spread of the coronavirus. Not much later, other events followed. Large gatherings were forbidden in most parts of the world, which left Live Nation no other choice than to cancel all concerts and festivals until the end of April. A month later and there's still no clear path to when Live Nation can restart their business in key territories North America and Europe. President Trump hopes "to reopen the country soon",