Grammys Put on Hold, Sundance Regroups With Omicron’s Surge
(Bloomberg) -- With schools and offices closing their doors due to the Covid-19 omicron variant, the entertainment industry is also regrouping.
The 64th Annual Grammy Awards, music's top honors, will be postponed indefinitely because of Covid-19, the Recording Academy and CBS said Wednesday. Last year's show was also delayed.
“Holding the show on January 31st simply contains too many risks,” the Recording Academy and broadcaster CBS said in a statement.
Separately, the organizers of the Sundance Film Festival said they'll go entirely virtual later this month. The Sundance Institute had been pressing ahead with its first hybrid festival in Park City, Utah, from Jan. 20-30 but shifted gears because of the recent surge in cases.
“The omicron variant with its unexpectedly high transmissibility rates, is pushing the limits of health safety, travel and other infrastructures across the country,” the institute said.
While the new strain of Covid-19 is disrupting public events, it isn't expected to slow film and TV production, Jason Kilar, the head of AT&T Inc.'s WarnerMedia, said Wednesday. Much of the industry shut down in 2020.
“We do believe we will be able to produce at the clip we have been producing in 2021,” Kilar said in an interview. “This won't be a situation like we saw in 2020.”
©2022 Bloomberg L.P.
-
India's Troika Of Good Luck | Joining The Dots
A weaker Trump, a cooling AI trade and resilient earnings have put Indian markets back in favour. Rising inflation could spoil the party.
-
Talking Points This Week: Leadership Shock At Nvidia, Earnings Strength, And The Fog Over Hormuz
The Anthropic IPO pricing and first trading day, Nvidia's upcoming earnings, and any fresh signals from Iran will set the tone for the following week.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.