As the COVID-19 crisis grows, some industries will recover quickly, but some won’t recover at all. In this episode we help you understand which is which.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

Guild of Guardians Built to 'Win' the Web2 Mobile Space: Game Director

13:18

Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO

05:10

Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny

04:07

The first video of the year 2024

40:07

The last regression video of the year 3.67.0

This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund.

This is the second in a series of episodes on how the economic crisis is challenging and transforming different industries. NLW looks at:

Movies:

Direct releases are already making more than box office counterparts
AMC is on the verge of bankruptcy (or buyout by Amazon)
Production is on hold; even when it resumes, likely to have strict rules on how it is carried out

Sports:

Depending on your study, between 61% and 72% of people surveyed say they’re unlikely to go to live sporting events even after lockdowns are lifted
Colleges losing $18B+ in sports-related revenue
eSports alternatives surging, with conversations on Twitter up 71%

Advertising:

Industry took eight years to recover from the Great Financial Crisis
Ad spending already down massively in March/April - down 38% in digital, 41% on TV, 45% on Radio, 51% on outdoor.

See also: The Rise of the Dollar Killers

Education:

STORY CONTINUES BELOW

Recommended for you:

Of public schools, only 22% are offering any live instruction
Before crisis, college debt had increased 107% between 2009 and 2019
Since the 1980s, the cost to attend college has grown eight times the growth in wages
Estimates of 15% fewer enrollments and $23 billion in lost revenue

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.