The bill would provide six months of financial support to “keep venues afloat.”
Music Industry News
Longstanding British magazine was unable to weather the pandemic.
Instead, the Texas festival will celebrate its 20th anniversary in October of next year.
The Tennessee festival will instead hold a virtual weekend in September.
Dave Grohl, Robert Plant, Billie Eilish, Willie Nelson, and André 3000 are among the many signees.
Organizers are debating whether to stage a reduced capacity festival in April 2021 or a full-scale event next October.
The Recording Academy is also requiring voting members to fill out a conflict of interest disclosure form.
The National Independent Venue Association is asking Congress for financial assistance.
In a statement, the label said, “We encourage the rest of the music industry to follow suit as it is important to shape the future of what we want it to look like, and not adhere to the outdated structures of the past.”
Due to COVID-19, this year’s event is now spread out over three days.
The policy change is expected to roll out over the coming days.
Over 3,000 people attended the event in Tel Aviv on Thursday.