Live Nation expects U.S. shows to be back on track for summer 2021

In an interview with CNBC on Monday, Joe Berchtold, president of Live Nation, said he fully expects for live shows to be back for the summer of 2021. The news comes as they see strong growth of events in Asian markets and near 100% capacity at shows in New Zealand.

Live Nation currently has 86% of fans holding onto tickets for shows that were rescheduled due to the pandemic as well as 2/3 of fans keeping their tickets for rescheduled festivals.