Dedicated to the Business of Contemporary Live Music

Industry launches funds to help those hit by lockdown

2 May 2020

AN ARRAY of relief funds have been set up to help artistes, crew, contractors and venues who are suffering financial hardship as a result of the Covid-19 outbreak.

Arts Council England (ACE) has established a £160 million emergency fund aimed at helping organisations, musicians and freelancers who are struggling financially as a result of coronavirus.

Live Nation Entertainment has created a £4m Crew Nation fund to help touring and venue crews, while Spotify has pledged up to £8m to relevant campaigns via its Music Relief project.

Charity Help Musicians has launched the Coronavirus Financial Hardship Fund with £5m to assist artistes who are “suffering significant financial hardship”.

Record labels body the BPI has coordinated a further £1.5m donation to the fund from ts members, The BRIT Awards, Amazon Music and PPL.

Eligible musicians can receive a one-off payment of £500, with more than 17,000 applications already received. Further contributions to the fund have been pledged by Spotify, Amazon, ACE and The Royal Society of Musicians.

PRS for Music has launched the PRS Emergency Relief Fund to provide financial support for its members. Grants of up to £1,000 will be made available for those in need that have been members for at least two years and earned more than £500 in royalties during that period.

The Association of Independent Music (AIM) has launched the Immediate Access Crisis Fund for Independent Music Contractors, with an initial £500,000, to help freelance workers such as tour crew. AIM members will invite artistes and their managers to nominate candidates to benefit. 

Concert discovery platform Gigseekr has launched a funding campaign to support grassroots venues, production companies, crew and artistes whose income derives from ticket sales for concerts, up to a 500 capacity, that have been cancelled.

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