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The Majority of Independent Music Venues Were Not Profitable in 2024, According to New Report
NIVA has revealed results of its State of Live report detailing the struggles of independent venues, promoters and festivals, with many losing money.
“Thanks to NIVA, and the efforts and trust of those who responded with real data on their operations, we can tell our story,” State of Live Task Force chair and president and co-owner of The Happy Dog in Cleveland Sean Watterson said in a statement. NIVA unveiled the information at annual conference — held this year in Milwaukee, Wis. — to underscore the urgent need for targeted policy action from local, state and federal policymakers. The announcement also welcomed Pabst Theater Group’s Gary Witt, SBG Productions’ Courtney McClary Yug, and Newport Festivals Foundation’s Kira Karbocus to the board.
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