RocNation recently announced how the Corona virus has affected them. The COVID-19 panademic has led to furloughs for the company.
This after an estimated 10-20% of their business was brought to a standstill. With profits from that percentage including music touring and sports.
Paycuts also affected their music streaming platform Tidal. The companies CFO Gregory Resh left last month to become CFO of Sontiq.