When the Coronavirus first caused the U.S to shut down, it negatively affected a lot of the people who were planning on throwing or attending an event. Many customers had to receive refunds due to the number of reservations that were canceled. This means that all the people who were planning on going to a concert, sporting event, renting a hotel room, or had plans to travel somewhere were not able to do those things.

Numerous companies had to ease up on their refund policies and had to become more flexible with the rescheduling or canceling of tickets through the months of late May or June. Although it has been a while since the shutdowns were first implemented, many customers still have not received the refunds that were owed to them.

Of course, many people who had tickets for events (concerts, festivals, shows) were very upset at the fact that their ticket providers were unable to give them the full refund amount that was owed to them. It is said that up to $30 billion dollars in total sales will be lost this year in the concert industry.

The entertainment industry as a whole has suffered greatly due to the pandemic, and it will most likely negatively impact them in the future. About 90% of live music venues in the U.S could potentially close permanently unless the shutdowns last less than 6 months and they are able to get help from the government. Since the live music industry was one of the first things that was shut down early on, it will most likely be one of the very last industries to reopen.