- Moderator
- #61
I doubt concerts and sports will be done for years. Too much money in them. The almighty dollar speaks very loudly, and when everyone is fed up with unconstitutional mandates; and loss of income, homes, cars, and civil liberties; you can bet they will resume, either with litigation or with common sense.
Once mandates are lifted, attendance to theaters concerts and sporting events will shoot right back up to 100% of what it was?
Consider movie theaters, which have basically no assets and operate on thin profit margins (and I suspect the same is true of many sports and concert venues). Do you think that, the day mandates are lifted, everybody will suddenly decide they feel comfortable and safe to go out to the movies, and theaters will immediately have the same level of attendance they normally do? Do you think everybody will see a trip to the movies as a justifiable expense when a lot of them have been jobless for months? Do you think the people that do go will be as enthusiastic about buying drinks and popcorn?
Suppose attendance the first month or so after quarantine is at 50% what they normally would get, and gradually increases from there (and for this thought experiment, we're boldly assuming there won't be a second wave that requires further stay-at-home mandates). Do you think theaters will be able to operate at that decreased capacity for months at a time without going under?
Same question for concert/sports venues. Sporting events that broadcast games might be able to make it by, but smaller venues will likely close up shop. And same question for gyms.
By the way, if we DO bounce back to full attendance of everything immediately, you can likely expect a second covid wave, much like occurred with the 1918 flu pandemic. Which either means more people dying, or a return to isolation measures, or (most likely) both.