More than 1,000 of Australia’s leading artists, music businesses, captains of industry and employees from across the sector have signed an open letter imploring the federal government to “come to our aid.”
On the industry side, Live Nation, Mushroom Group chairman Michael Gudinski, Chugg Entertainment founder Michael Chugg, AEG Presents’ Matthew Lazarus-Hall, ARIA and PPCA CEO Dan Rosen, TEG CEO Geoff Jones, APRA AMCOS CEO Dean Ormston and others have signed up.
The proposed Australian Music Recovery Fund is part of a A$325 million recovery and relief strategy pitched to Canberra last week by Live Performance Australia, a signatory to the open letter. The Australian music sector fell off a cliff on 13 March when Government made the correct and prudent decision to shut the nation down. Without the ability for artists to play and venues to open around the country, the industry lost billions of dollars in revenue. It is estimated the box-office loss in relation to live music alone will be half a billion dollars over six months.
We are a highly skilled workforce with thousands of businesses that continuously adapt to technological change. We contribute $16 billion to the economy and we are an asset that is a lynchpin for the tourism and hospitality sectors and a powerful driver of metropolitan and regional economies and export to the world.
We understand that the Australian Government is working on an assistance package to the entertainment industry. As part of any assistance, we implore the Australian Government to:
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