Live Nation Launches $10 Million ‘Crew Aid’ for Touring Staff Impacted by Coronavirus

A month after suspending all tours amid the novel coronavirus pandemic, Live Nation's CEO will be forgoing his annual base salary and other executives will be taking pay cuts, the events promoter disclosed. Additionally, the company has amended its credit agreement to get access to up to an additional $120 million to $150 million as the concert industry has shuttered across the globe.

Live Nation has established a new charitable fund to help support concert crews around the world, it was announced Tuesday. The Crew Nation fund will provide monetary relief for concert crew members impacted by the coronavirus pandemic, which has widely canceled concerts, festivals and other live events since it began spreading across the U.S.

Live Nation has established a new charitable fund to help support concert crews around the world, it was announced Tuesday (March 31). The Crew Nation fund will provide monetary relief for concert crew members impacted by the coronavirus pandemic, which has widely canceled concerts, festivals and other live events since it began spreading across the U.S.

Oh man, what we wouldn’t give to have been a fly on the wall when Melania Trump saw what Chrissy Teigen was saying about her!

Few imaginable things could impact the live-entertainment business as much as a global pandemic, and not surprisingly, Live Nation, the world’s largest concert promoter, has taken a beating on the stock market over the past two weeks. On a particularly rough Wednesday, its share price dropped 33% at one point in the afternoon — down more than 61% from its year-over-year high last month — before recovering after President Trump’s aid package to U.S.

Endeavor, Live Nation Entertainment and Sinclair Broadcast Group are among the prominent industry firms facing new financial pressure because of their high debt loads and vulnerability from the widespread shutdown of sports leagues, concerts and other live events.

By Mike Fleming Jr, Jill Goldsmith

Nothing like a little indoor golf to lighten the mood! Ayesha Curry shared a sweet video of her husband Stephen Curry playing indoor golf with their son, Canon Curry, 1, while staying in their cozy clothes all day. “There are the ‘Curry Coronacles,'” Ayesha quipped while Steph practiced his swing on the family’s indoor golf simulator.

Live Nation is the latest company to cancel upcoming events in the wake of the coronavirus pandemic. The concert promoters have postponed all domestic and international arena tours until further notice, according to a statement obtained by Fox News.

Live Nation is the latest company to cancel upcoming events in the wake of the coronavirus pandemic. The concert promoters have postponed all domestic and international arena tours until further notice, according to a statement obtained by Fox News.

Live Nation is the latest company to cancel upcoming events in the wake of the coronavirus pandemic. The concert promoters have postponed all domestic and international arena tours until further notice, according to a statement obtained by Fox News.

Amid the coronavirus (COVID-19) outbreak, Live Nation Entertainment is planning to cut short all of its tours through at least the end of March, according to a statement from the company. AEG Presents is also suspending its tours, according to The New York Times.

AEG is joining competitor Live Nation in recommending concerts be postponed through the end of the month. Earlier Thursday (March 12), Live Nation officials told employees they were pausing arena tours through the end of the month. "At this time, we collectively recommend large scale events through the end of March be postponed," the statement

As coronavirus concerns continue to rise, Live Nation announced on Thursday morning (March 12) it is recognizing large gatherings around the world are being canceled and the company will be postponing current touring arena shows through the end of the month.

Live Nation is pausing all 2020 arena tours temporarily due to the growing concerns over the novel coronavirus.

Due to concerns over the spread of the coronavirus, Live Nation is telling its touring shows — both domestic and international — to return home, according to Billboard.