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IMPALA’s Covid-19 Task Force published a package of ten recommendations to try and secure a co-ordinated approach across Europe to minimise the impact of Covid-19 on the independent music sector. In terms of sector action, the crisis plan recommended the following:
Collecting society mobilisation - all collecting societies should set up crisis funds for their smaller members (producers and artists, as well as publishers and authors), make advances available for all members, as well as interest free loan facilities. An overview of collecting societies' best practices across Europe is available here.
Digital services action - music services and platforms should be properly licensed, introduce crisis funds for small businesses, make faster royalty payments, pass over a higher percentage of revenues to rightsholders, provide advances to all rightsholders who need them, boost local music and artists with playlists and support local social media campaigns. An overview of digital services' best practices across Europe is available here.
Support from national media - radio and other media should promote local music and artists with increased music programming, put more focus on independent and local artists, and promote new local releases as well as local social media campaigns.
Other sector initiatives: the music sector has also responded to the crisis with other initiatives. For example, AIM, the UK national association of independent labels launched a £1m Immediate Access Crisis Fund for Independent Music Contractors in April. Other initiatives are available here.
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