The Covid-19 pandemic hit world economies hard, and in some countries it erased all earnings from the creative arts as theatres and live music venues shut down in strict national lockdowns. As the economies slowly started reopening last year, the scope of losses was laid bare.
In its latest annual global collections report, the International Confederation of Societies of Authors and Composers (Cisac) says the pandemic effects on the creative arts will be felt long into this year, possibly even until 2023.