Music business organisations unite for performance industry workers
The global pandemic COVID-19 has impacted every sector, and the music industry is no exception. The global music industry is worth over $50 billion and is heavily dependent on live music, which makes up over 50 per cent of total revenues. The live events market in India is reported to have incurred losses worth Rs. 40,000 crores between January to April 2020 and has put over 10 lakh jobs at risk.