NO MONEY WHERE THE F$*K DID MY CHEESE GO! NOW WHAT? KD PRODUCTION - - PowerPoint PPT Presentation

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NO MONEY WHERE THE F$*K DID MY CHEESE GO! NOW WHAT? KD PRODUCTION - - PowerPoint PPT Presentation

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


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SLIDE 1

NO PEOPLE NO MONEY WHERE THE F$*K DID MY CHEESE GO! NOW WHAT?

KD PRODUCTION SERVICES, LLC KEN DEANS, PRINCIPAL

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SLIDE 2

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
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SLIDE 3

WE WILL ALWAYS HAVE CHALLENGES

  • 1918 – Spanish flu Pandemic
  • 1929 – Market Crash
  • 1941 – WWII
  • 1971 – Wage & Price Freeze
  • 1980’s – Junk Bond / S&L Collapse
  • 1987 – Black Monday
  • 1990’s – First Dot.Com Crash
  • 2001 – 9/11
  • 2002 – Second Dot.com Crash
  • 2008 – Financial Crisis
  • 2020 – Covid-19
  • Future - ??? It will happen!
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SLIDE 4

WORKABLE SOLUTIONS

First Steps

▪ Put on your mask first

▪ Call Employees, Banks, Vendors ▪ Call Clients to let them know you are still here

▪ Stay informed ▪ Stimulus package

▪ Low Interest Loans ▪ Grants ▪ Bank Loans ▪ Credit Cards ▪ Help employees with UI Claims

Next Steps

▪ Get Creative

▪ Clients still need to get the message out ▪ How does technology solve problems ▪ Skype, Slack, Teams, Meetup, Go to Meeting, etc. ▪ People will need to connect more than ever – Stay Engaged ▪ Virtual Festivals ▪ AR/VR engagement ▪ Social Media

Long Term

▪ Work with a financial advisor to set up plan for disasters ▪ Create benefit program for all workers, Permanent & Temporary ▪ Expand your infrastructure

▪ Bandwidth ▪ Technology ▪ Scalability

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SLIDE 5

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 kind ear.

This Photo by Unknown Author is licensed under CC BY-NC-ND

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SLIDE 6

WHAT ARE MY FINANCIAL OPTIONS

  • SBA Loans
  • Traditional
  • Disaster
  • Bank Loans
  • HELOC
  • Short Term Notes
  • Grants
  • Unemployment
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SLIDE 7

REDESIGNING THE EVENT SPACE

  • VR
  • AR
  • Online
  • Movie Shorts
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SLIDE 8

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
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SLIDE 9

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/

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SLIDE 10

FUNDING FOR MUSICIANS INFECTED WITH COVID-19 WHO REQUIRE INTENSIVE MEDICAL CARE:

  • CERF+ https://certplus.org/get-relief/apply-for-help/
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SLIDE 11

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

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SLIDE 12

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

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SLIDE 13

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

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SLIDE 14

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.

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SLIDE 15

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/2396222610479031I?ref=share

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SLIDE 16

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
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SLIDE 17

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

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SLIDE 18

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
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SLIDE 19

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/
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SLIDE 20

BROADCASTING SHOWS IN VIRTUAL REALITY:

  • AltspaceVR: https://altvr.com/
  • TheWaveXR: https://altvr.com/
  • MelodyVR: https://melodyvr.com/
  • Sansar: https://www.sansar.com/
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SLIDE 21

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

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SLIDE 22

ARTICLES & OTHER RESOURCES

  • Beyond coronavirus: The path to the next normal
  • Musicares: https://www.grammy.com/musicares
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SLIDE 23

BE WELL. WE WILL GET THROUGH THIS.

Ken Deans KD Production Services, LLC ken@kdpservices.com 818-397-1000