But the trauma the event business has endured as a result of the pandemic has made the prospects of Live Nation’s collapse seem more real every day. Reports on whether they can survive the storm are mixed. Many analysts say they have enough cash to last through, well, however long it takes for concerts to become a reality again. As of the end of 2019, the company had $3.3 billion in debt outstanding and $2.5 billion in cash.
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed