RE: Good mention in RollingStone2 Jul 2020 13:26
Bonker
The JG business is musicals rather than plays, specifically Broadway and to an extent the West End i.e. high-end stuff.
He attracts nearly 15 million customers a year and has a database of nearly 5 million, so this is potentially pure gold for Melody without them having to even dig for it.
The problem is that a troupe of actors, singers, and musicians is not likely to number less than twenty , making social distancing impossible. Unfortunately this is likely to be just about the last sector that's unlocked.
Whereas Covid has actually benefitted Melody and gigs, it has had the opposite effect on the musicals. At least, as one of the bigger players, JG will survive, and may well acquire other venues that do not.