Black Swan
Type: noun
Pronunciation: /blak-swan/
Also spelled or known as: Unexpected Event
Related: Force Majeure, Black Swan Events
What does Black Swan mean? A rare and unexpected event with major impact.
In music, black swan events may affect touring, festivals, supply chains, platforms, or revenue models.
Black Swan synonyms: Force Majeure, Unexpected Event, Rare Disruption, Major Shock
Example sentence: “The pandemic became a black swan event for live music.”
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