“We’re all in when the good times roll, and it’s important that we’re all in when times are tough, too,” MusiCares Chair Steve Boom says.
COVID-19 has hit the live music industry particularly hard. Major festivals like South by Southwest and Coachella have been canceled or postponed, and artists have been announcing tour cancellations over health and travel concerns. Some are starting to turn to livestreaming as a means of connecting with fans or making up for some lost revenue from their axed concerts.
In response, the Recording Academy and its philanthropic arm, the MusiCares Foundation, on Tuesday announced a new $2 million fund earmarked to aid musicians affected by the COVID-19 health crisis, from those who have been infected and need treatment to those who have lost work and may be struggling to meet rent or mortgage payments, health insurance costs or other financial burdens.
The long-running nonprofit Sweet Relief musicians’ relief organization also has established a COVID-19 support fund for affected musicians and others who work in the music industry.