Indie Venues and Agents Waiting 'White Knuckled' as Congress Considers Long Term Stimulus Bill

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After months of intense lobbying, a final push is being made to secure some type of government relief or aid for members of nivassoc.

Groups like NIVA and the National Independent Talent Organization are hoping that Congress will pass at least one bill covering six months of losses for businesses, like concert venues, that have been completely shut down by COVID-19.

Venue managers, promoters, agents and artist managers are hopeful that Congress will announce some kind of deal for a new stimulus package that includes key provisions of the RESTART ACT, which would provide businesses with loans based on 45% of their revenue from 2019.

Both indie venue promoters and agents are also supporting the Save Our Stages Act, named after an awareness campaign launched by NIVA earlier this year that included 1.5 million emails and letters to Congress from supporters. Introduced by Sens., Save Our Stages would set aside $10 billion in grants for independent venues, arts presenters and booking agencies. Like the RESTART Act, the bill would provide aid equal to 45% of gross revenue from 2019, with a cap of $12 million.

 

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nivassoc Everybody in live events and live music are waiting white knuckled. We are all hurting pretty badly - venues included, crews, staffs, performers, production companies, touring companies, staging, lighting, sound companies.

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