APRA AMCOS launches $300k fund to support music creators
APRA AMCOS has launched a new sustainability fund to helps its members continue to create new music during the coronavirus pandemic.
Members of the collection society who are located anywhere in the world, and at any career stage, are eligible to apply for a $2,000 grant.
The grant can fund anything that enables members to continue to create and sustain their career development, including purchasing of equipment, training or supporting cash flow.
The sustainability fund is an initiative led by APRA chair Jenny Morris, and her board colleagues, in response to COVID-19 and its profound impact on the music industry.
“The intention for the fund is, very simply, to provide real financial support so that music creators can continue to make new music,” said Morris.
“This is an investment in them and their endeavours, and I am certain the fund will help bring exceptional new work to life.”
The initial funding pool of $300,000 comes from the board’s decision to reduce their director’s fees and combine these with a contribution from APRA AMCOS’ cultural fund.
Applications are now open and close May 29, with successful applicants to receive funds in June.
To ensure the fund can provide ongoing support to as many members as possible, APRA AMCOS has also invited external contributions by third parties wanting to support music creators.
The PRO has taken additional measures to support members and ensure royalties continue to flow without interruption during COVID-19.
Last week also saw the live performance royalty paid six months ahead of schedule to help the many grassroots, independent and self-managed artists to survive the downturn.
For the remainder of the year, APRA AMCOS will pay each distribution according to its scheduled timetable and continue to get royalties to members as efficiently as always.
PPCA, provides licences to Australian businesses to play recorded music, is also offering cash advances ranging from $250 to $10,000 to its registered artists.