Consensus attendance drop-off creates hurdles for CoinDesk

CoinDesk is expecting a 50% cutback on attendance at its Consensus event in New York, as only about 4,000 tickets have been bought compared to 9,000 last year. CoinDesk did 25 million in 2018 revenue, 85% from its events business. Digital Currency Group, which owns 90% of CoinDesk, is planning on growing the crypto media house regardless of lower 2019 expected revenue.

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