it's incredibly smart. all big promoters will be PLC's so if anything major goes wrong like a barrier falling and a crush happening or the stage collapsing (which I actually know happened to a promoter with the prodigy back in the day) they just shut up shop and open under another name.

from a legal stand point they're covered.

van halen on the other band will have insurance but that's not going to help if a light falls on your head and kills you or the pyro goes wrong and melts your face.


I wouldn't be surprised if more bands have little "catch them out" clauses but the van halen ones just ascended to mythical status for one reason or another.