In this episode of Business Line the team examine how the economic crisis prompted by the coronavirus pandemic is likely to see companies accelerate plans to adopt innovative Artificial Intelligence technologies.
How do you organise concerts and live performances given the current health restrictions surrounding COVID-19? Much of the live entertainment industry is simply incompatible with social distancing. So does that mean the end of packed play houses and sold out festivals?
Jere Harris is the CEO of Production Resource Group. The company is best known for putting together some of the biggest live events in the world – from Broadway plays to Olympics ceremonies.
Admitting the lockdown has hit hard, he says the business will adapt: "So for us as a company and what we do, our whole world has come to a stop. We, you know, on average would do 15 to 20 million US dollars a week in revenue. Boom. Full stop. We've had to …