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Lollapalooza Co-Founder Predicts No Concerts Until 2022

Submitted by ckanon@abi.org on
Lollapalooza co-founder Marc Geiger predicts that there may not be concerts or festivals in the U.S. until 2022 due to the coronavirus, The Hill reported. "My guess is late '21, more likely '22," Geiger said on "The Bob Lefsetz Podcast," adding that insurance is one of many reasons for the delayed return to the festival pastime. The reasoning for the long delay in the return to the festival circuit could be up to "the government" or "testing," but he added that deliberating the exact reason is "too infinite of a well to go down." The music exec said any "super-spreader" event such as concerts, sports or festivals would not do well economically while COVID-19 is still a present threat. Geiger also said any form of insurance policy for the coronavirus would be complicated to implement and would be difficult for most festival promoters to obtain.