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Music From Wondery, I'm David Brown, and this is Business Wars Daily on this Wednesday, April 22nd.

You know that Katie Perry concert you were looking forward to? Okay, I was

looking forward to it back in the pre-pandemic era. Well, yeah, that's not going to happen. At least not

until 2021, she said recently. She's not alone either. 30,000 shows were canceled or postponed due to

COVID-19 so far, according to Jared Smith, president of Ticketmaster.

That's the gigantic ticket agency owned by the world's largest concert promoter, Live Nation.

And it's not like those concerts and ball games are coming back anytime soon.

The mayors of New York and Los Angeles don't anticipate allowing any large-scale gatherings

until there's a cure or a vaccine for the

coronavirus, according to variety. At the earliest, that'll be late this year, but it could take

much longer. And that uncertainty is causing a big problem for Ticketmaster. The company had a

...