🦠 Why is music streaming down?; UK artists request recoupment holiday from labels; Indian music industry hit hard; WMG joins MusiCares relief fund; why ticket companies won't survive
Daily update for the music business on the coronavirus (March 30)
UK artists and managers have already lost over $60m (Music Business Worldwide)
UK managers & artists call for 'recoupment holidays' from major labels (Billboard)
COVID-19 and the creative economy: takeaways from Patreon’s data science team (Patreon)
‘A grinding halt’: record stores struggle to stay afloat (LA Times)
Why are music streams down if everyone’s stuck at home? Experts weigh in (Variety)
The COVID bounce: how COVID-19 is reshaping entertainment demand (Music Industry Blog)
Community radio fights to stay live (and weird) (New York Times)
How fans can help their favorite artists (Electronic Beats)
Warner Music Group joins MusiCares’ Coronavirus Relief Fund (Variety)
Indian music industry, heavily dependent on cash flows, hit hard by coronavirus; smaller labels face existential threat (RadioandMusic.com)
Live industry
More than 100 touring industry professionals unite to form Independent Promoter Alliance (Billboard)
'Everyone else will likely go out of business': why most ticketing companies won't survive (Billboard)
Kennedy Center stops musicians pay despite $25 million in federal relief (NBC Washington)
What are artists doing?
The Revealed Recordings team have free recorded masterclasses and sample packs up for producers stuck at home (Revealed Recordings)
10 artists who pioneered working remotely (Billboard)
How will artists survive a pandemic? Conversations with artists in China, Italy, Korea (Talkhouse)
From an L.A. living room, an unlikely coronavirus hero emerges: ‘Club Quarantine’s’ DJ D-Nice (LA Times)
14 musicians on how they’re coping with the coronavirus pandemic (Highsnobiety)
Ed Sheeran ‘puts pub staff’s minds at rest by paying their wages’ amid coronavirus lockdown (Metro)
😢🌹
Joe Diffie, '90s country hitmaker and Opry member, dies from coronavirus complications at age 61 (Tenneassean)
Alan Merrill, writer behind ‘I Love Rock ‘N’ Roll,’ dead at 69 (Ultimate Classic Rock)
The best way of showing your appreciation is to spread the word and perhaps help a few friends and colleagues stay up to date on the coronavirus crisis in music.
Thoughts
A thank you to Azeem Azhar and the Exponential View team for linking this update in last Sunday’s newsletter. Welcome to everyone who joined from there!
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