Last week, more than 600 musicians and comedians signed a letter sent to Congress on behalf of the National Independent Venue Association (NIVA). In this letter, asking for aid, there is the following sentence: “We will know America is ‘back’ when our music venues are filled with fans enjoying concerts safely.”
Given what is happening out there, it seems as though America is not going to be back any time soon.
And according to the NIVA, “Due to the national routing of most tours, this industry will not recover until the entire country is open at 100% capacity.”
Again, 100% is a lot to shoot for unless you’re a craven politician who cares nothing about health and just adulation.
So what does the NIVA ask for? Things like the RESTART Act (S. 3814), which does things like provide money to businesses that is equal to six months’ payroll, benefits, and fixed operating costs. Up to 90% loan forgiveness for businesses that have fewer than 500 FTE (full-time equivalencies, as in people with jobs), and a 7-year payback period for the loans. Tax credit relief for a percentage of refunded tickets. Rent/mortgage tax credit (as in the Keeping the Lights on Act (H.R. 6799). An employee retention tax credit for shuttered businesses that have obtained PPP loans that runs until the business is back and at 100% capacity. And tax credits as described in the Clean Start Act (H.R. 7079) for cleaning businesses and providing PPE for employees and customers.
All of which is to say that (1) the independent venues that the NIVA represents are looking to the federal government for money to stay in business and (2) the NIVA is clearly somewhat optimistic about a 100% return of patrons to their venues in a foreseeable future.
Music and entertainment venues are not the only facilities that are on the brink of partial extinction.