America’s largest concert promoter and venue operator Live Nation is instructing its touring shows domestically and internationally to prepare to return home due to the current coronavirus (COVID-19) pandemic. Shows are being postponed through the end of the month, and Live Nation will reportedly re-evaluate at the beginning of April with the goal of resuming touring in either May or June.
The tours affected include those of Kiss, Billie Eilish, Tool, and Lynyrd Skynyrd. Refunds will be available for those who have purchased tickets from an official seller, but not necessarily from a secondary site.
Earlier in the week, Live Nation’s shares were $50.39, but once news broke, they fell as low as $32.32, before steadily increasing.