BPI, the governing physique for UK music, have coordinated a £1.5 million fund to offer monetary help to musicians in want in the course of the coronavirus disaster.
Major labels together with Sony, Warner and Universal, in addition to indie imprints like Cherry Red and Demon Music Group have donated in the direction of the fund, as have the likes of the BRIT Awards, Amazon Music and music licensing firm PPL.
As Music Week stories, many of the fund (£1.25 million) will likely be given on to the charity Help Musicians, which can enable them to achieve an added 2,500 artists in want of help by way of their Coronavirus Financial Hardship Fund, which has already acquired over 17,000 purposes in simply two weeks.
The remainder of the cash will likely be put aside for different channels, together with different wellbeing charities and grassroots music organisations.
“All sectors of the music industry have been impacted by the Covid-19 pandemic, but grassroots artists who rely on festivals, touring and recording sessions for the bulk of their income are particularly hard hit,” stated Geoff Taylor, chief govt of BPI & BRIT Awards.
He continued: “The music community always comes together when called upon, and we hope this further contribution drawn from all parts of the industry will help to sustain artists in need through this very difficult time.”
“Help Musicians has worked hard to make a meaningful difference to the lives of musicians for nearly 100 years,” added James Ainscough, the charity’s CEO.
“Our work has never been more vital or relevant and it is only though partnership and collaboration from many in the music industry that we are able to make the biggest possible difference at this crucial time.”
Earlier this week, in the meantime, a bunch of indie musicians from internationally together with Alt-J, William Doyle and Anna Meredith formed an ‘Isolation Choir’ and released a new single ‘Inside I’ll Sing’, to lift cash for Help Musicians.