A few weeks ago, I mentioned that live music was trying to make a comeback and so far, it seems to be barely hanging on. Not without its challenges though. Many venues can only allow a few fans inside and those that can be inside must always stay seated. Each week I talk to dozens of musicians and venue owners. The story is all the same. They have never faced such devastating times. It completely crippled the entire entertainment industry. The megastars will survive; it’s the middle and lower level musicians that are barely hanging on.
I spoke to one very well-known Texas artist that was selling everything in his house, including his guitars, in an effort to keep his band and crew paid each month. Some artists simply can’t pay their band and crew, which forces them to find a job anywhere they can. Most don’t qualify for unemployment or the personal loans.