ViacomCBS Could See $350M Ad Hit In Q1 On Cancelled NCAA Basketball As TV Industry Faces Live Sports Scarcity

Parents working from home right now can definitely feel this U.K. politician’s pain.

By Dave McNary

BARCELONA — Spain’s recording industry will suffer a direct hit of at least 100 million euros ($109 million) in losses due to the coronavirus outbreak, according to Spanish industry association Promusicae. The dire prediction comes in the face of news that recorded music sales in Spain peaked in 2019, w

ViacomCBS has disclosed plans for a $2.5 billion debt offering, an effort that comes as the newly merged company faces tough scrutiny of its growth strategy and balance sheet amid the coronavirus-related economic crisis.

ESPN is coming up with a plan of what to air on Friday nights while the network waits for live sporting events to resume.

As cities, states and entire countries shut down to flatten the curve of the coronavirus, the touring industry is facing an unprecedented crisis. Live Nation, AEG and major booking agencies WME, Creative Artists Agency, UTA and Paradigm released a joint statement on M

The world’s hottest new club is… #ClubQuarantine.

The world's hottest new club is… #ClubQuarantine. 

Frequent collaborators Future and Drake secure another No. 1 on Billboard’s Rhythmic Songs airplay chart as “Life Is Good” rises 2-1 on the list dated March 21.The tune, billed as Future featuring Drake, leads thanks to a 12% surge in plays in the week ending March 15, according to Nielsen Music/MRC Data.“Good” marks the pair’s second Rhythmic Songs leader together, among five overall appearances.

The media industry was expecting March Madness. What it got was absolute chaos.

Kelly Clarkson kicked off the latest instalment of her show with another incredible “Kellyoke” performance.

By Andreas Wiseman

A continent mad about sports has gone mad without sports. This past weekend was the first in which nearly all public sporting events across Europe were canceled or postponed in an effort to mitigate the spread of Covid-19.

The coronavirus outbreak is set to trigger a brutal reality check for the French film industry. With theaters shut down, film and TV shoots halted and movie releases canceled, the country’s rigid window release schedule, lack of proper piracy law and struggling independent distributors are facing epic challenges.

Just like the fans were promised, John Cena made an appearance on the latest SmackDown show and things got all heated up when he confronted Bray Wyatt aka The Fiend at the event. WWE brought together Cena and Wyatt before their much-anticipated match scheduled for the upcoming WrestleMania 36 event which will take place on April 6, 2020. Giving a preview of just how spicy the fight is going to be, the show featured a verbal confrontation between the two WWE superstars.

Earlier this week it was announced that all NBA games have been suspended until further notice due to the spread of the coronavirus. With that being said, that will affect the pockets of the many employees that work at these arenas that house these NBA teams.

Love Island’s summer return could be postponed as the coronavirus continues to cripple the world. The popular ITV2 show is set to air this summer, with new host Laura Whitmore taking the reigns , but the production is said to be in doubt.

For weeks, as the threat of the coronavirus loomed in China, then in Europe, the concert business seemed to hold its breath — waiting to see if, and how much, the United States would be affected. That changed on March 6, when South by Southwest (SXSW) announced it would cancel its annual event in Austin, which was scheduled to take place March 13-22.