Recognizing national concerns over the spread of the coronavirus, Live Nation is instructing its touring shows to prepare to return home. The announcement affects all Live Nation tours, domestically and internationally.
Earlier Thursday (March 12) the company told employees it is hitting the pause button on current touring arena shows through the end of the month. A few shows will play out Thursday and Friday, but the remainder of the shows starting this weekend will be postponed.
Live Nation is also instructing its employees to work remotely and not come into the office. The company’s Beverly Hills headquarters will be mostly closed until the end of March.
Live Nation is not planning any layoffs and company officials told staff it is well positioned to weather the closure.