NO PEOPLE NO MONEY WHERE THE F$*K DID MY CHEESE GO! NOW WHAT? KD PRODUCTION SERVICES, LLC KEN DEANS, PRINCIPAL
THE PROBLEM • We are in a global Pandemic • Events Cancelled • Cash Flow Gone • Workforce shift • What happens when support staff has to look for other work • Will they come back? • Health care • Sick Leave • 401K • Security
WE WILL ALWAYS HAVE CHALLENGES • 1918 – Spanish flu Pandemic • 2001 – 9/11 • 1929 – Market Crash • 2002 – Second Dot.com Crash • 1941 – WWII • 2008 – Financial Crisis • 1971 – Wage & Price Freeze • 2020 – Covid-19 • 1980’ s – Junk Bond / S&L Collapse • Future - ??? It will happen! • 1987 – Black Monday • 1990’s – First Dot.Com Crash
WORKABLE SOLUTIONS First Steps Next Steps Long Term ▪ Put on your mask first ▪ Get Creative ▪ Work with a financial advisor to set up plan for ▪ Call Employees, Banks, Vendors ▪ Clients still need to get the disasters message out ▪ Call Clients to let them know you are still here ▪ How does technology solve ▪ Create benefit program problems ▪ Stay informed for all workers, ▪ Skype, Slack, Teams, Meetup, Permanent & Temporary ▪ Stimulus package Go to Meeting, etc. ▪ Expand your ▪ Low Interest Loans ▪ People will need to connect infrastructure ▪ Grants more than ever – Stay ▪ Bank Loans ▪ Bandwidth Engaged ▪ Technology ▪ Credit Cards ▪ Virtual Festivals ▪ Scalability ▪ Help employees with UI Claims ▪ AR/VR engagement ▪ Social Media
STAY IN TOUCH • Set up Weekly/Daily calls, Video chats. Add some levity. • My wife has her team bring their pets in the room with them. • Plan for the future • You’re not doing anything else. You may find some new and creative ideas. • Listen • Let your team vent and support them. Sometimes we just need a shoulder and a This Photo by Unknown Author is licensed under CC BY-NC-ND kind ear.
WHAT ARE MY FINANCIAL OPTIONS • SBA Loans • Traditional • Disaster • Bank Loans • HELOC • Short Term Notes • Grants • Unemployment
REDESIGNING THE EVENT SPACE • VR • AR • Online • Movie Shorts
FUTURE • Plan for Disaster • This not the first one many of us have gone through • Reduce expenses • Forget the luxury • Get rid of overhead that you can do without • Cook at home • Is this really the right place and time for you to be working in the event space • Work with a financial planner • Take care of your Staff • Expand your capabilities
RESOURCES EMERGENCY FUNDING FOR ARTISTS I MUSIC INDUSTRY PROFESSIONALS WHO'VE LOST INCOME BECAUSE OF COVI0-19 CANCELLATIONS: • American Guild of Musical Artists (AGMA) Relief Fund: https://agmarelief.org/ • Artist Relief Tree: https://artistrelieftree.com/ • Equal Sound Corona Relief Fund: https://equalsound.org/musicians-corona-relief-fund-application • MusiCares' COVI0-19 Relief Fund: https://www.grammy.com/musicares/get-help/covid-19-relief-fund-faq • Musicians Foundation's COVID-1 0 Emergency Aid Grant Program: http://www.musiciansfoundation.org/apply/ • SoundGirls Coronavirus Relief (for production techs who are now unemployed): https://soundgirls.org/soundgirls- coronavirus-relief/ • Sweet Relief's COVID-19 Fund: https://www.sweetrelief.org/news/covid-19-what-were-doing • Professionals Who've Lost Income because Of COVI0-19 Cancellations: American Guild of Musical Artists (AGMA) Relief Fund: https://agmarelief.org/
FUNDING FOR MUSICIANS INFECTED WITH COVID-19 WHO REQUIRE INTENSIVE MEDICAL CARE: • CERF+ https://certplus.org/get-relief/apply-for-help/
ADDITIONAL RESOURCES FOR MUSICIANS/INDUSTRY PROFESSIONALS: • American Federation Of Musicians: https://www.afm.org/covid-19/ • The Blues Foundation's HART Fund: https://blues.org/hart-fund/ • International Bluegrass Music Association's Bluegrass Trust Fund: https://ibma.org/bluegrass- trust-fund/apply/ • Jazz Foundation's Musicians' Emergency Fund: https://jazzfoundation.org/musicians- emergency-fund/ • Music Health Alliance: https://www.musichealthalliance.com/what-we-do/ • Small Business Administration's Guidance & Loan Resources (COVID-19): https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
MENTAL HEALTH RESOURCES IN THE US: • National Suicide Prevention Lifeline: call 1 -800-273-TALK (8255) • Crisis Text Line: text "HOME" to 741 -741 • Substance Abuse and Mental Health Services Administration's (SAMHSA's) Disaster Distress Helpline: call 1-800-985-5990 or text “talkWithUs” to 66746
ADDITIONAL MENTAL HEALTH RESOURCES: • Backline - a hub for artists, industry professionals and their families to access mental health and wellness resources: https://backline.care/about • Centers for Disease Control's tips for managing anxiety & stress in regards to COVID-19: https://www.cdc.gov/coronavirus/2019-ncov/prepare/managing-stress-anxiety.html • Support Act Wellbeing Helpline (free, confidential counseling service) for anyone working in music In Australia: call 1-800-959-500 or email admin@supportact.org.au • Tour Support (response to COVID-19 includes providing one month of free online therapy through Better Help to independent touring contractors who are unemployed or were planning to join a tour that has been postponed or canceled): https://www.lighthopelife.org/covid19- response
FINANCIAL AND GENERAL ASSISTANCE IN THE US: • Federal-State-Local Benefits Finder: https://www.benefits.gov • 211 offers information about referrals to social services for everyday needs and in times of crisis: Visit http://211.org/services/covid19 or dial 2-1-1.
ONLINE SUPPORT FOR INDUSTRY PROFESSIONALS: • FestForums' weekly livestream discussion to share information about COVID- 19's effect on the live industry: https://www.facebook.com/festforums/ • COVID-19 Music Production Response Group – an open forum Facebook group about the effects of COVID-19 on music production industry professionals: https://www.facebook.com/groups/2396222610479031 I ?ref=share
CONTRIBUTE TO DATA COLLECTING: • California Arts Council's survey of COVID-19 financial Impacts on artists/those In the arts field: https://WWW.surveymonkey.com/r/cac-covid19 • I Lost My Gig - a site designed to collect data about locals of Austin who have lost work due to SXSW's cancellation: https://www.ilostmygig.com/ • THRIV (four Health Research Initiative) – a comprehensive scientific study of health and mental health among touring professionals: https://www.tourhealth.org/?fbclid=lwAR3t_m4XZL6xLLdCKEfzteJuzJMcGUdatpjfJ2vAOrWDj1Veg91jJcxvlD8 • Public Health Information & Updates On COYID-19: Centers for Disease Control and Prevention on COYID-1 9: https://Www.cdc.gov/coronavirus/2019-ncov/index.html • World Health Organization on COVID-19: https://www.who.int/emergencies/diseases/novel-coronavirus-2019
LIVESTREAMING PLATFORMS: • Zoom: https://zoom.us/ • lnstagram Live: https://help.instagram.com/292478487812558 • Facebook Live: https://www.facebook.com/facebookmedia/solutions/facebook-live • Linkedln Live: https://www.linkedin.com/help/linkedin/answer/100225/getting- started-with-linkedin-live?lang=en • Google Hangouts: https://play.google.com/store/apps/details?id=com.google.android.talk&hl=en
FREE-TO-PLAY LIVESTREAMS WITH ABILITY FOR VIEWERS TO CONTRIBUTE FINANCIALLY: • Twitch: https://www.twitch.tv/ • YouNow: https://www.younow.com/login • Mixer: https://mixer.com/monstercat • Caffeine: https://www.caffeine.tv/ • Periscope: https://apps.apple.com/us/app/periscope-live-video- streaming/id972909677 • You Tube Live: https://www.youtube.com/live_dashboard_splash
TICKETED/PAYWALL LIVESTREAMS: • Run The World: https://runtheworld.today/ • Moment House: https://www.momenthouse.com/ • Stagelt: https://www.stageit.com/ • Key: https://mykeylive.com/ • Crowdcast: https://www.crowdcast.io/ • Patreon: https://support.patreon.com/hc/en-us/articles/115002973506-Make-a- Livestream-post-with-Crowdcast • Cadenza.tv: https://cadenza.tv/
BROADCASTING SHOWS IN VIRTUAL REALITY: • AltspaceVR: https://altvr.com/ • TheWaveXR: https://altvr.com/ • MelodyVR: https://melodyvr.com/ • Sansar: https://www.sansar.com/
INDUSTRY ACTIVISM: • Change.org Petition - COVID-19 Federal Aid Package for Events Industry: https://bit.ly/2U1qjJt • Petition to tell Congress to include displaced entertainment workers in relief package: https://bit.ly/2xNkWVr
ARTICLES & OTHER RESOURCES • Beyond coronavirus: The path to the next normal • Musicares: https://www.grammy.com/musicares
BE WELL. WE WILL GET THROUGH THIS. Ken Deans KD Production Services, LLC ken@kdpservices.com 818-397-1000
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