Yes, it has affected us. It was less serious last summer, because some of the sponsors, private companies, hadn't yet assessed the effects of the pandemic. We still managed to carry out some of the events with a budget that made sense. Some events lost almost all their partners last summer.
I also represent festivals in the regions. Festivals that take place in smaller communities sometimes rely on businesses that have fewer resources. These businesses may be garages or supermarkets, for example. However, all these businesses in small communities are extremely weakened. We can already see concrete evidence of this. Some partners can no longer fund an event because their losses are too significant. Obviously, their priority isn't to maintain the sponsorship, but to pay their employees and contribute to the recovery. Although we don't yet know whether this area will be affected, we're even thinking of companies such Loto-Québec, a major partner in the festival industry.
Currently, casinos and bars are closed almost everywhere. Large companies of this nature are unable to generate a significant amount of revenue, which can affect festivals. I'm talking about small businesses, but this also applies to large companies. This is a major issue. We're already losing a great deal of box office revenue. I'd say that this loss amounts to 80% when we put on shows with limited capacity. In a pandemic period, we sell little, if any, beer. However, beer sales generate a fairly substantial amount of revenue. If we also lose sponsorship revenue from the private sector, there are consequences.