On a recent Instagram post, former drummer of Dream Theater, Mike Portnoy, shared his reaction after seeing the changes in live music shows by the companies and explained how it feels like to read these.

The largest event company in North America, Live Nation, decided to change its policy and wanted to give less money to the artist probably due to the coronavirus outbreak, which affected all the music industry.

After reading this, Mike pissed off and explained why these changes are unacceptable. He stated that the artist will have to struggle to make any money from the shows and at the same time, they be liable for their losses.

Here is what Mike Portnoy said:

Sickening 🤮 This is corporate greed at its worst…it’s bad enough that streaming services have already taken away almost all revenue for artist’s music, leaving the only way artists can make a living to go out and tour…

Then the coronavirus has taken away that income from us all for an indefinite amount of time this and into next year (& beyond?)…

And now the greedy machine of Live Nation is changing their policies for when touring eventually does resume to remodel live shows to where the artists will have to struggle to make anything and at the same time be liable for their losses!”

A fan named Edu added this comment:

“It’s getting to a point that artists will have to pay for play, that’s unacceptable! People really want to kill live music at any cost!”

Another fan named Mark wrote:

“Live shows are going to suffer for the artists and the fans. Total bullshit.”

You can check out the post below.

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Sickening 🤮 This is corporate greed at its worst…it’s bad enough that streaming services have already taken away almost all revenue for artist’s music, leaving the only way artists can make a living to go out and tour…then the coronavirus has taken away that income from us all for an indefinite amount of time this and into next year (& beyond?)…and now the greedy machine of Live Nation is changing their policies for when touring eventually does resume to remodel live shows to where the artists will have to struggle to make ANYTHING and at the same time be liable for THEIR losses!!!! This is absolutely unacceptable 😡 https://www.rollingstone.com/pro/news/live-nation-memo-pay-cuts-covid-1016989/

A post shared by Mike Portnoy (@mikeportnoy) on