Needles & Grooves

dropsonde
dropsonde
It posted revenue of $74.1 million as compared to $3.16 billion in Q2 2019 -- a drop of 98%! (how they're not in bankruptcy is an impressive achievement, although see the next comment)
dropsonde
dropsonde
86%(!) of concert fans have kept their tickets for rescheduled shows through Q2 2020 (really surprised so many have hung onto their tickets)
dropsonde
dropsonde
It put on just 24(!) concerts in North America in Q2 2020 as compared to 3,309 in Q2 2019 (not all that surprising I guess but to see it in black-and-white is sobering)
dropsonde
dropsonde
Corporate costs have dropped from $44.4 million to $23 million year-over-year (I know a lot of people hate the company for their size and business practices but this represents a lot of real people with families losing their jobs)
dropsonde
dropsonde
It had 67 million fans view over 18,000 concerts and festivals globally in Q2 2020 (impressive! looks like concert streaming is a viable live performance revenue generator)
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