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Coronavirus Crisis Creates Both Upheaval and Opportunity for Media Investors

Cynthia Littleton Coronavirus Entertainment pandemic art and
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variety.com
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By Cynthia Littleton Business Editor The year ahead may well amount to the worst of times and the best of times for private equity players with big investments in media and entertainment.

The sudden paralysis of business activity caused by the coronavirus lockdown has created unprecedented upheaval across the entertainment industry, which is usually resilient in the face of economic downturns.

But the prohibitions on public gatherings have put so much of the business on ice, creating a perfect storm of bad consequences for organizations that loaded up on debt as part of private equity transactions.

Endeavor, AMC Theatres, iHeartMedia, Cirque du Soleil and Vice Media are among the long list of companies facing the one-two punch of high

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