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Bluesfest losses tipped to top $10m as industry begs for live event insurance – Sydney Morning Herald

The music industry is calling for the federal and state governments to come together to underwrite live events that can no longer get COVID cover as part of their…

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Bluesfest stands to lose $10 million plus due to its last-minute cancellation by order of NSW Health, according to industry body Live Performance Australia, leading to renewed calls for the federal and state governments to underwrite insurance for the sector.
One case of community transmission has shut down a major regional event with a $10 million plus loss that will destroy a business with a 30-year trading history owned by someone who is risking everything to run his event in a COVID-safe manner,…

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