Australia’s most recent lockdowns are throwing another round of cancellations to live entertainment shows
The US producers and Australian management team of Magic Mike Live have announced the decision to cancel the remainder of the Aussie tour.
In a statement to Ticker News, the organisers stated that the decision to close the tour was made due to the impact of the ongoing COVID-19 restrictions imposed by the Victorian Government and the lack of certainty surrounding the tour’s ability to perform any of its announced dates.
“The team is committed to returning to Australia in the future and the producing team is working to provide the cast and crew with employment opportunities on other Magic Mike Live productions around the world. “
Magic Mike Live has been forced to suspend performances on four different occasions in Australia following government-imposed lockdowns.
Lockdowns forced the cancellation of opening nights in Sydney and Melbourne and government restrictions required most performance dates to be played at severely limited capacity.
The most recent lockdown has been the longest yet and there is no clear roadmap for the resumption of live events
“Everyone at Magic Mike Live is heartbroken to have to make this decision but we were left with no choice,”
said Executive Producer Vincent Marini.
“The producers have provided millions of dollars in funding to support the production during the various closures to preserve the tour for our amazing Australian fans. In every other market, we have been able to reopen the shows because of close partnerships between the producers, the management teams, and the various local and national governments. While the producers provided more funding and support to the Australian production than any other production in the world, we were forced to go it alone in Australia despite enduring four lockdowns and millions of dollars in refunds and cancellations. There is no way for us to sustain a show when we are not permitted to perform.”
The entertainment industry rebounds overseas
Magic Mike Live is currently playing to sold-out audiences in London’s West End.
The Las Vegas and Berlin productions are reopening on August 27 and September 9 respectively and the Magic Mike Live team is currently shooting a new unscripted series with HBO Max titled “Finding Magic Mike” which premieres in December.
Safety is our top priority at #MagicMikeLive! Our cast and crew are vaccinated & per local legislation, our guests must wear masks. Guests also need to be fully vaccinated OR have proof of a negative COVID test within 72 hrs of attending a show. More info: https://t.co/q6u7nE2JIjpic.twitter.com/0ymcpFJD5j
COVID safe protocols at every event – but it isn’t enough to save the Aussie shows
All the productions around the world have industry leading, COVID-19-safe performance environments and are more dedicated than ever to providing patrons with a one-of-a-kind, joyous entertainment experience.
The Australian cancellations include the remainder of the Melbourne season, plus the Brisbane, Perth and Adelaide seasons which were scheduled to open in November 2021 and mid / late 2022 respectively. The producing team is simply not comfortable selling tickets to performances it may never be allowed to play.
Organisers have promised that guests with tickets for the remainder of the Australian tour will receive full refunds.
US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.
US markets surged to fresh records as investors looked past recent geopolitical tensions following the US attack on Venezuela. Confidence returned quickly, driving broad gains across major indices.
The S&P 500 climbed 0.7% to reach a new all-time intraday high, while the Dow Jones Industrial Average jumped 495 points, or 1%, also setting a record during Tuesday’s session.
The rally signals continued optimism around economic resilience, despite global uncertainty and ongoing international conflicts.
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Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.
The Dow Jones Industrial Average surged nearly 600 points to a record close following U.S. military action in Venezuela. Investors responded positively, signalling confidence that the geopolitical situation would not spiral out of control.
Stocks rallied alongside rising crude oil prices, with energy companies like Chevron and Exxon Mobil leading the gains. Analysts noted that oil infrastructure rebuilding in Venezuela could provide long-term benefits for the sector.
Despite the bullish market reaction, gold futures also rose, suggesting that some traders remain cautious amid global uncertainties.
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Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.
Wall Street is entering 2026 with renewed confidence as falling interest rates and robust corporate earnings lift expectations for continued stock market gains. Analysts say an easier monetary policy is providing fresh momentum for equities after several strong years.
The US economy has continued to show resilience, with businesses maintaining healthy balance sheets and earnings growth holding up despite global uncertainty. Lower borrowing costs and supportive fiscal settings are expected to further boost investor sentiment.
However, market watchers remain cautious, warning that optimism could fade quickly if economic data disappoints or inflation pressures return.
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