On the first day of the month of September, landmarks across Indianapolis were lit up with a bright red light. The symbolism was to acknowledge the many financial challenges that both workers as well as many businesses in the live event industry have been going through since the pandemic hit. This was referred to as the “#RedAlertRESTART Day of Action,” and it was created by We Make Events North America, which has been advocating for relief legislation from the destruction the pandemic has caused to the industry. We Make Events North America is made up of many different entertainment professionals who support the relief legislation, co-sponsored by Republican Sen. Todd Young of Indiana.
According to Brad Nelms, director of We Make Events, there are many businesses that have been so negatively impacted by the pandemic that they will have to close their doors for good. The whole industry has been tremendously damaged by the inability to conduct live entertainment events. The number of businesses that are facing permanent shutdown could completely collapse the industry as a whole. Live events have been mostly cancelled or postponed for many months, which has led to 77% of workers in the industry losing all of their income. If this persists, there will be many people without the means to take care of themselves and who may have to turn to bankruptcy.
In addition to corona relief, Nelms said that there must also be continued unemployment benefits for freelance workers. Congress is expected to reconvene in September to work out the details of another relief package.
What Venues are Lighting Up Red?
Over 50 cities across the United States will participate in “#RedAlertRESTART Day of Action.” Indianapolis will have 20 landmarks shine red. The following popular Indianapolis destinations are just a few of those that will be participating:
- Bankers Life Fieldhouse
- The Center for the Performing Arts
- Clowes Hall
- The Hi-Fi
- Indiana Farmers Coliseum
- Indiana Repertory Theatre
- Indianapolis Motor Speedway
- Lucas Oil Stadium
- The Vogue
Find a Qualified Indiana Bankruptcy Attorney Today
Some of the hardest hit industries by the coronavirus include:
- Sports and performing arts
- Restaurants and bars
- Motion picture, movies, and TV production
- Personal services
- Clothing retailers
- Amusement parks
You are not in this alone if you have suffered a loss of business or a loss of job as the pandemic rages on. Despite more openings happening, some industries are struggling to make a comeback. If you lost your business when the shutdowns were at their peak, you may have already had to close your doors. As an Indiana bankruptcy attorney, Christopher L. Arrington, P.C. understands how difficult financial turmoil can be. He has helped many Hoosiers find the best path forward to financial well-being. Call Christopher L. Arrington, P.C. to speak with a resourceful Danville bankruptcy attorney during a free consultation at (317) 745-4494.