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What the CARES Act Stimulus Package Means for Music: A Guide for Workers & Businesses

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The CARES Act, a $2 trillion coronavirus economic stimulus package signed into law March 27, includes some of the most far-reaching benefits for gig economy workers and small businesses in U.S.

history.That’s good news for the music industry. But as banks and state unemployment offices rush to update their websites and meet demand for web and phone applications, the process of requesting aid -- let alone understanding it -- hasn’t been smooth for everyone.On Monday (April 6), the Recording Academy hosted a CARES Act webinar to discuss the bill’s impact on the music community with Greenberg Traurig attorneys Kelly Bunting and Monica Schulteis. “We’re getting guidance daily,” said Recording Academy chief industry, government & member.

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