It's the end of an era for a couple of longtime major concerts in Wisconsin as the company that puts on Country USA and Rock USA said they will file for Chapter 7 bankruptcy.
We are a small, family owned, independent concert promoter. We make financial commitments years in advance to the talent and our vendors. We have ongoing leases for the premises and equipment that we use to host the concerts, in addition to a year round staff that works hard to put the events together.
While we believe we exercise prudent financial management, we don’t have deep pocket backers nor the financial resources to weather a total collapse of the season. Indeed, as it slowly became apparent that it would be impossible to host the 2020 events, we cut back on all expenses, (including employees), and attempted to negotiate with our creditors to reduce our debt.
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