Sacem unveils $6.7m fund and advances on royalties to help its members during Coronavirus crisis

Sacem says that the emergency measures include an “exceptional royalty advance” scheme worth up to €36m ($40.4m), a €6m ($6.7m) rescue fund for those most in need, and the addition of 1m ($1.12m) to an existing support program for publishers. The organization says that the operational arrangements for the emergency fund will be active as soon as Thursday, April 2.

Source: Sacem unveils $6.7m fund and advances on royalties to help its author, composer & publisher members during Coronavirus crisis

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