Tennessee Bill That Would Create a Live Music Fund for Indie Venues Passes State Legislature

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A Tennessee bill that would create a live music fund passed the state legislature. The fund would provide grants to venues, promoters and performers

— was introduced as a collaboration between the Music Venue Alliance Nashville, the National Independent Venue Association and the Broadway Entertainment Association. The bill creates the structure of a live music fund that will one day provide grants to live music and performance venues, promoters and performers.also defines elements of the live music industry in code for the first time, marking a fundamental step toward directing future support.

“The Live Music & Performance Venue Fund creates a massive opportunity for us to protect and preserve Tennessee’s live music industry for years to come,” said, executive director of the Tennessee Entertainment Commission, in a statement. “Independent venues and performers across the great state of Tennessee are the foundation of our complex and vibrant ecosystem and we know their success is directly tied to the vibrancy and growth of our communities across the state.

While Tennessee is only the second state in the nation to define a live music and performance venue in the state cod, similar funds have been created in cities and states across the United States. Texas provided over 650 micro-grants to individual creatives in 2023 through a similar fund and also provided a grant to the historic Austin, Tex.

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Source: Entertainment Trends (entertainmenttrends.net)

 

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