Apple Music launches $50m advance fund for independent labels hit by COVID-19 impact

And MBW’s sources suggest that Apple’s global subscriber numbers continued to grow month-on-month in March
The post Apple Music launches $50m advance fund for independent labels hit by COVID-19 impact appeared first on Music Business Worldwide.

Live Nation donates $5m to emergency COVID-19 fund for concert crews – and could donate another $5m

Michael Rapino, CEO and President of Live Nation, and his family have personally donated $250,000 to the Crew Nation fund
The post Live Nation donates $5m to emergency COVID-19 fund for concert crews – and could donate another $5m appeared first on Mus…

The value of music: Hipgnosis’ share price is now HIGHER than it was pre-COVID-19

UK music rights company saw its market cap bounce 13% today in a vertiginous rise on London Stock Exchange
The post The value of music: Hipgnosis’ share price is now HIGHER than it was pre-COVID-19 appeared first on Music Business Worldwide.

More SXSW damage from Coronavirus pandemic: No refunds for ticket-holders, as event lays off a third of staff

Badge holders can defer registration to 2021, however
The post More SXSW damage from Coronavirus pandemic: No refunds for ticket-holders, as event lays off a third of staff appeared first on Music Business Worldwide.