According to a letter sent to the labels and cited by Rolling Stone, independent labels that earn at least $10,000 in quarterly Apple Music earnings will qualify for the royalty advances. To qualify, the indie labels are required to have a direct Apple Music distribution deal.
Notably, the effort reaches out to a sector — indie labels — that has not been a prominent recipient of the multiple, and welcome, outreach efforts in recent weeks. Among many other laudable efforts. MusiCares has made heroic efforts toward musicians and industry executives whose livelihoods have been decimated by the pandemic, and Live Nation has stepped up with Crew Aid, directed toward live-entertainment professionals.
Today Apple Music is announcing the creation of a $50 million-plus fund available as advances on future royalties to independent labels, to help them pay artists and maintain operations.
Outstanding!
💿💿💿
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hal Willner, Music Producer and Longtime 'SNL' Music Supervisor, Dead at 64Producer behind Lou Reed and Marianne Faithfull staged numerous tribute albums and was pivotal in the career of Jeff Buckley Bloody awful
Source: RollingStone - 🏆 483. / 51 Read more »
Grimes Wants You To Create Her Music Video | V Magazine| Grimezsz Wants You To Create Her Music Video | n her GrimesArtKit, the sword wielding musician has released green screen assets, video footage, and audio stems via a WeTransfer file in the description of her new video:
Source: vmagazine - 🏆 110. / 63 Read more »
Nicole Richie on Making Trap Music for Plants as ‘Nikki Fre$h’ on QuibiIn the first scene of the first episode of “Nikki Fre$h,” Nicole Richie — clad in a floor-length gown and bejeweled headband, with her assistant Jared in tow — saunters into her husband… OK Nikki. Whatever. did i read that right
Source: Variety - 🏆 108. / 63 Read more »
'Saturday Night Live' Music Producer Hal Willner Dies at 64Film and TV music producer Hal Willner, who worked many years on SNL, has died at 64
Source: billboard - 🏆 112. / 63 Read more »
Universal Music Backlot Fire Lawsuit Dismissed by JudgeA federal judge has dismissed a class action lawsuit against Universal Music Group over a 2008 warehouse fire that a New York Times Magazine report last year claimed destroyed up to 500,000 master recordings in the the record company&39;s archive vaults. BillboardAddthe10k BillboardSpeakUp BillboardAddthe10k BillboardSpeakUp BillboardAddthe10k BillboardSpeakUp BillboardAddthe10k BillboardSpeakUp BillboardAddthe10k BillboardSpeakUp Y’all should get sued for this mess smh billboardspeakup BillboardAddThe10k how can you take pride in such an unprofessional business BillboardSpeakUp AddThe10kBillboard
Source: billboard - 🏆 112. / 63 Read more »
eOne Appoints Universal Music Alum Maria Alonte to Senior Executive RoleMaria Alonte has been named senior vice president, creative integration, music for Entertainment One (eOne). In the newly created position, Alonte will oversee eOne’s creative servicing hub for fil…
Source: Variety - 🏆 108. / 63 Read more »