Coronavirus is hurting the bottom line for touring musicians

Touring musicians are being hurt financially by the cancelations of shows, tour dates, events, and any shows that are scheduled for the public. Let's take a closer look at this virus. 

Information from https://www.statnews.com/2020/03/03/who-is-getting-sick-and-how-sick-a-breakdown-of-coronavirus-risk-by-demographic-factors/

The vast majority of cases in China — 87% — were in people ages 30 to 79, the China Center for Disease Control reported last month based on data from all 72,314 of those diagnosed with Covid-19 as of Feb. 11. That probably reflects something about biology more than lifestyle, such as being in frequent contact with other people. Teens and people in their 20s also encounter many others, at school and work and on public transit, yet they don’t seem to be contracting the disease at significant rates: Only 8.1% of cases were 20-somethings, 1.2% were teens, and 0.9% were 9 or younger. The World Health Organization mission to China found that 78% of the cases reported as of Feb. 20 were in people ages 30 to 69.

The death toll skews old even more strongly. Overall, China CDC found, 2.3% of confirmed cases died. But the fatality rate was 14.8% in people 80 or older, likely reflecting the presence of other diseases, a weaker immune system, or simply worse overall health. By contrast, the fatality rate was 1.3% in 50-somethings, 0.4% in 40-somethings, and 0.2% in people 10 to 39. 

People are running scared, and the media is achieving numbers beyond the norm that helps raise their prices for advertisers. I believe, and this is me talking, we are able to overcome this and things will return to normal, but it's going to take some time for this to settle. In the end all we can do is just wait and see. 

The new norm is fist-bumping, nodding, and waving. 

Respectfully,

Yaya Diamond

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