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Finland s live events industry is facing major closure concerns

CTS  Eventim’s Lippupiste – have urged the need of “effective support solutions for the event industry and the creation of an exit perspective for society.” This follows the significant figures relating to Finland’s events industry; with around 3,200 companies involved in the organisation of live events, taking the total value estimation of the sector to €2.35 billion. In addition, the industry is also responsible for the creation of 20,000 full-time, and 175,000 temporary jobs. Further findings of the study have showcased that the €85 million provided to the industry as financial support only adds up to around 4.5% of the estimated €1.9 billion financial loss faced by the sector last year.

Financial Support Archives | We Rave You

It’s no secret that due to the ongoing Covid-19 pandemic, huge support is needed to help keep the struggling businesses of live entertainment afloat. Luckily, The Republic of Ireland has given its entertainment sector a much-needed boost with €50 million of new funding given to help the countries live entertainment sector which was announced recently by Catherine Martin, the country s minister for tourism,

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