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Association News

April 2, 2020 – RIAA Launches MusicCovidRelief.com to Compile Music Industry Relief Resources

The RIAA, in conjunction with their partners in the U.S. Music Community, has launched MusicCovidRelief.com — a central hub designed to help music professionals access information and applications to receive benefits made available by the CARES Act. The site includes information on how to access unemployment benefits, small business loans and forgiveness on existing loans, grants from the National Endowment for the Arts, and more. Click here to learn more.... Read More

April 1, 2020 – Music Biz to Debut New Livestream Interview Series — Music Biz LIVE

For more than six decades, the Music Business Association has served to unite members of the global music business and has supported a collaborative approach to growth and problem solving, in good times and in bad. To continue this work, we’re introducing Music Biz LIVE! This new weekly community check-in interview series held via Zoom will allow us to touch base with how the industry is responding to the ongoing COVID-19 health crisis and adjusting to what “the new normal” may look like going forward.... Read More

March 27, 2020 – U.S. Small Business Administration Offers COVID-19 Disaster Relief Loans

The U.S. Small Business Administration is offering low-interest federal disaster loans to small businesses in designated states and territories suffering substantial economic injury as a result of the COVID-19 crisis. Upon a request received from a state’s or territory’s Governor, SBA will issue under its own authority an Economic Injury Disaster Loan declaration, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act. This program will apply to current and future disaster assistance declarations related to the COVID-19 crisis.... Read More

Member Updates

April 7, 2020 – Music Biz Member Show4me Launches Online Concert Platform, Waives Fees to Support Artists

Music Biz member Show4me today announced the launch of a new online concert platform, enabling musicians to play paid shows from their homes. Throughout the duration of the COVID-19 crisis, Show4me will give the fees they would normally collect from this service back to the artists to help them recoup some of the income they have lost out due to cancelled tours. The company also will waive fees for its other services for two months, to further support the artists using their interactive music network platform.... Read More

April 7, 2020 – Music Biz Member Primephonic Launches #LetsKeepTheMusicPlaying Initiative

Music Biz member Primephonic is supporting the Classical music industry with their #LetsKeepTheMusicPlaying initiative, donating $10,000 to Help Musicians UK Coronavirus Financial Hardship Fund and the New Music USA Solidarity Fund — organizations committed to supporting Classical musicians as the COVID-19 crisis continues. In addition, Primephonic has pledged to donate an additional $10 for every new signup to their service as the initiative takes place. Finally, Primephonic is offering new users two free months of their Classical music streaming service.... Read More

April 6, 2020 – Music Biz Member Rock Paper Scissors, Inc. Debuts Music Tectonics Weekly Websdays

Music Biz Member Rock Paper Scissors, Inc. is launching Weekly Websdays, a new online music tech meetup via Zoom with curated programming that will bring in thought leaders to present different topics each week, and give attendees a chance to chat, ask questions, and more. The next session will be Wednesday, April 8, in which speakers will discuss remote collaboration. Click here to RSVP and to learn more.... Read More

Industry Analysis

April 9, 2020 – What the CARES Act Stimulus Package Means for Music: A Guide for Workers and Businesses

The CARES Act, a $2 trillion coronavirus economic stimulus package signed into law March 27, includes some of the most far-reaching benefits for gig economy workers and small businesses in U.S. history. That’s good news for the music industry. But as banks and state unemployment offices rush to update their websites and meet demand for web and phone applications, the process of requesting aid — let alone understanding it — hasn’t been smooth for everyone. Click here to read more from Billboard.... Read More

April 8, 2020 – Creative Sectors Assess the impact of COVID-19 and Their Needs to Get Through the Global Crisis

The creative sector has entered a new phase in the coronavirus global crisis by starting to measure the impact of the pandemic on its global streams of revenues for all businesses and individuals affected, following a first wave of urgent relief packages put together by governments in most countries and regions. In the short-term, the businesses most impacted are those who depend on performances and whose live shows have been canceled, in particular in the music sector.... Read More

April 7, 2020 – Top Music Biz Managers Share Tips For Weathering The Pandemic

After years of a bull market, the music industry — particularly the touring business — is looking at an unpredictable and possibly bleak year ahead, if not longer. While shelter-in-place rules could boost music streaming numbers, public gatherings are not expected to resume for months, and some medical experts predict additional cycles of widespread infection before the coronavirus is contained. In light of such great uncertainty, Billboard turned to four of its 2020 Top Business Managers to discuss ways in which they are helping clients make the most of their financials during this time.... Read More