(The Hill) Lollapalooza co-founder Marc Geiger predicts there may not be concerts or festivals in the U.S. until 2022 due to the coronavirus.
“My guess is late ’21, more likely ’22,” Geiger said on “The Bob Lefsetz Podcast,” adding that insurance is one of many reasons for the delayed return to the festival pastime.
Geiger said the reasoning for the long delay in the return to the festival circuit could be up to “the government” or “testing,” but added that deliberating the exact reason is “too infinite of a well to go down.”
“In my humble opinion, it’s going to be ’22,” he said. “It’s going to take that long before what I call the ‘germaphobia economy’ to be slowly killed off and be replaced by what I call the ‘claustrophobia economy,’ which is where everybody wants to go out and go back to dinner and have their life and go to festivals and go to shows.”