Entertainment Industry Struggles Amid Pandemic are Complicated

COVID-19 has hit a lot of different sectors of the economy hard, for many different reasons, but perhaps none is as complicated as the entertainment industry. Basically, if it's something you had to go buy a ticket to, with long advance notice, it just isn't happening in 2020.

The "event economy" or "fun sector" is basically wiped out for the time being. However, it doesn't mean that it's overall bearish for the entertainment sector until we pull ourselves out of the COVID-19 pandemic. The so-called "stay at home" economy is thriving, as this is now a great time for subscription streaming services. "Netflix and chill, anyone?"