Initial Avenue CEO Dayna Frank was highlighted in a actuality-checking interview with Rolling Stone this 7 days, talking on behalf of the Countrywide Impartial Venue Association where she serves as board president. NIVA formed very last thirty day period and has grown to include things like about one,000 music venue members around the state to go after crisis govt support to endure past the COVID-19 pandemic.
Here is a startling statistic, in accordance to Rolling Stone: 90 percent of the 1,300 venues that are users of NIVA report they do not have cash on hand to very last far more than six months devoid of federal intervention, and 55 percent do not have enough to very last far more than 3 months.
“By virtue of currently being impartial organizations, we never have vertical integration. No sponsorship arms, administration organizations, ancillary revenue, ticketing businesses. We acquire folks who have a love