BC Premier announces 15M Music Grant today
Today I attended a music conference hosted by Creative BC, Music BC and Music Canada. There, BC’s Premier Christy Clark announced that the BC Government will be allocating 15M of funding into the music economy in our province. While they were unable to provide us with full details, they did share the main categories of this grant will include assisting with artist and provincial improvements such as:
– Live venues
– Tour support
– Music showcases
– Music Education
This will be done through Creative BC who have yet to announce a release date, open applications, eligibility and funding specifics for artists. I’ll keep my eyes out for the launch and look into more information about eligibility and the applications themselves and provide you all with more details at that time.
An incredibly thorough report was done on BC’s Music key influencers with the help of the Government and compares it’s current, past, and future industry state to other global music cities and stats:
“A study of Nashville’s music cluster found that the music industry helps to create ad sustain more then 56,000 jobs within the “Music City” area and generates a total output of US$9.75B including more than US$5.58B to the local economy.
Meanwhile in Canada, music retail sales of recorded music declined by 51.2 percent between 1998 and 2006, from about 1.5B to 703.6M showing the economy has lost almost a billion dollars in a short period of time and declining further to date. With this 15M investment they hope to impact the provincial impacts of nearly 73M from the music business and tourism in BC.
The full report and more on today’s event can be found here: http://www.cbc.ca/news/canada/british-columbia/buble-bc-music-industry-christ-clark-1.3444127
Our fingers are crossed for all of our BC artists, festivals and industry in the coming years. More information to come soon.