RT’s Boom Bust talked to Steve Stewart, co-founder and CEO of Vezt, the intellectual property rights marketplace for musicians, to access the impact of the Covid-19 pandemic on the music industry and find out when the sector will resume its normal course.
According to Stewart, the former manager for US rock band Stone Temple Pilots, the pandemic didn’t just hit performers, like Taylor Swift, who sometimes have a substantial financial cushion.
The industry veteran highlighted that the lives of thousands of people involved in management, production, and promotion depend on the artists going out or touring
“It’s going to be difficult to keep distances and keep all the parameters in place,” Stewart said when speaking about long-awaited events that are planned for the end of summer.
He also stressed that such measures as vaccination certificates are set to pose huge challenges for event organizers.
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