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A2IM, Sound Royalties Exploring Relief for Labels, Creators Impacted by Coronavirus

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variety.com

The American Association of Independent Music (A2IM), the trade group that represents more than 600 indie labels, is exploring federal relief for smaller labels that have been impacted by the coronavirus pandemic, while music finance firm Sound Royalties has announced a $20 million fund to assist musicians, producers and songwriters.

In an email to its members, A2IM president and CEO Richard James Burgess said the group is “in discussion with the [New York] Mayor’s Office of Media and Entertainment regarding the disruption the Coronavirus pandemic is causing to your businesses. “While this discussion is with the Mayor’s office, the goal is to investigate federal assistance so please send ideas even if you are based in another city or

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