Apple, Netflix Drop Out Of SXSW Amid Growing Coronavirus Fears

As coronavirus fears grow, Apple and Netflix have pulled out of the South by Southwest Conference. Other major events like Mobile World Congress and Google IO have also been canceled, impacting the events industry significantly. The Surgeon General recommends avoiding large gatherings to prevent virus spread. The US has hundreds of cases, mainly in California and Washington, with nationwide effects.

What are the potential financial implications for the events industry due to cancellations?

Which states were mentioned as having a majority of coronavirus cases?