What Does Apple Music’s $50 Million COVID-19 Fund Mean for Indie Labels?

The latest news reports about Daniel Craig's last film as James Bond, state that the makers will be auctioning the film's clapboard to raise funds for the Coronavirus relief work. The official handle of the James Bond film on Twitter shared the news that the clapboard of No Time To Die, which is Daniel Craig's last outing as 007 will be given for an auction.

Some of the most famous faces in fashion are set to team up for a virtual fashion show to raise money for COVID-19 relief.

By Todd Spangler

Beyonce made a major announcement this morning.

By Tim Dams

Apple announced a major expansion of many of its services Tuesday (April 21), most notably that Apple Music will now be available in 52 additional countries, bringing it to 167 total. Much of that total is centered on Africa, where the five-year-old streaming service will go live in two dozen additional countries, tripling the number of nations in which it’s available on the continent.

Police said they dispersed crowds violating social distancing guidelines during David Guetta’s coronavirus relief concert in Miami. There were no arrests made when police broke up groups on the sidewalks far below the two-hour ro

With contributions from the likes of Damon Albarn, Johnny Marr and Anna Calvi

By Jem Aswad

The Sundance Institute has launched a COVID-19 relief fund for indie artists, with a $1 million pot. "This moment calls for a radical shift in strategy in the way we support independent artists in film, media and theater.

OneRepublic has a special treat for fans.

ViacomCBS is looking to support industry crewmembers, talent and creatives with a $100 million fund launched amid a production shutdown due to the COVID-19 crisis. The emergency fund will be distributed by ViacomCBS to the Motion Picture & Television Fund and The Actors Fund, charitable organizations already supporting impacted industry workers.

Canadian broadcaster CBC has launched a Creative Relief Fund for indie content makers amid the COVID-19 crisis, with a $2 million pot. The fund will offer "immediate" development and production financing for producers of original content across all genres.

By Jill Goldsmith

Apple Music has launched a $50 million advance royalty fund to ensure that artists will get paid and label operations can continue during the coronavirus pandemic, Rolling Stone reports. The streaming giant confirmed the news in a letter to labels (obtained by Rolling Stone). Eligible labels must have a direct Apple Music distribution deal and earn $10,000 minimum on a quarterly basis.

By Jem Aswad

Apple Music has created a $50 million advance fund to help independent labels and distributors weather the downturn due to coronavirus, industry sources tell Billboard. The funds will be available through a one-time advanced payment on future royalties for labels and distributors that earn over $100,000 in quarterly revenue from

Music’s biggest stars are coming together “At Home”.