The COVID crisis pushes the live industry to the brink

CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including fears that with lockdown lifting and the economy getting started again that live music industry will be left to collapse without much needed government support, and the two house music pioneers suing the Trax record label. SECTION TIMES 01: The COVID crisis pushes the live industry to the brink (00:01:43) 02: House music pioneers sue Trax Records (00:23:18) STORIES DISCUSSED THIS WEEK • With relaxed social distancing rules not helping live music, UK live industry again calls for extra government support (https://completemusicupdate.com/article/with-relaxed-social-distancing-rules-not-helping-live-music-uk-live-industry-again-calls-for-extra-government-support/) • Government needs to make a £50 million cash injection to save the UK’s grassroots venue network, says MVT (https://completemusicupdate.com/article/government-needs-to-make-a-50-million-cash-injection-to-save-the-uks-grassroots-venue-network-says-mvt/) • Hundreds of grassroots music venues back call for £50 million cash injection from government (https://completemusicupdate.com/article/hundreds-of-grassroots-music-venues-back-call-for-50-million-cash-injection-from-government/) • NTIA says revisions to UK lockdown rules unworkable even for businesses who qualify (https://completemusicupdate.com/article/ntia-says-revisions-to-uk-lockdown-rules-unworkable-even-for-businesses-who-qualify/) • Glastonbury “would seriously go bankrupt” if forced to cancel in 2021 too (https://completemusicupdate.com/article/glastonbury-would-seriously-go-bankrupt-if-forced-to-cancel-in-2021-too/) • Backed by TaP Music, Chicago house pioneers sue Trax Records (https://completemusicupdate.com/article/backed-by-tap-music-chicago-house-pioneers-sue-trax-records/) ALSO MENTIONED • UK regulator launches more in-depth investigation into Viagogo’s StubHub acquisition (https://completemusicupdate.com/article/uk-regulator-launches-more-in-depth-investigation-into-viagogos-stubhub-acquisition/) MORE FROM CMU • Get notified with the new ‘Dissecting The Digital Dollar’ book is out (https://cmuinsights.com/digitaldollar/) • Sign up to receive the CMU Daily news bulletin (https://completemusicupdate.com/signup/)