• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Arts & EntertainmentMusic

MusiCares’ COVID-19 Relief Fund gets all-star help for donations, concerts

By
Dan Reilly
Dan Reilly
Down Arrow Button Icon
By
Dan Reilly
Dan Reilly
Down Arrow Button Icon
March 24, 2020, 12:00 PM ET

When artists started canceling shows in the wake of the coronavirus outbreak in February, Harvey Mason Jr., the chairman and interim CEO of the Recording Academy, saw that the music industry was headed into devastating, unprecedented territory. 

“We knew right away when one or two tours got canceled,” he tells Fortune. “If people aren’t able to do concerts, it’s going to be really hard for our community to continue to make money. That’s musicians, cartage people, engineers, lighting—everybody who works to put these things on, not just the people you see on the stage singing.”

 That’s why the academy and its affiliated charitable organization MusiCares quickly established the COVID-19 Relief Fund, which provides financial assistance to music industry professionals whose jobs and lives have been disrupted by the pandemic. To kick things off, both organizations donated $1 million each, and more contributions are coming in from all over the industry. Payments are already going out to help people with rent, medical bills, groceries, mental health treatment, and other needs.  

Considering that many people in the music world operate independently, without benefits or protections afforded to typical full-time workers, the situation is particularly dire. “It’ll be the worst thing to happen to a lot of industries, but definitely for ours,” Mason says. “During Katrina, MusiCares served around 3,500 people and gave away almost $4 million. If you take that huge disaster and extend it across the country and think about how many musicians in the U.S. alone are going to be needing help, that gives you an idea of the scale.”

To be eligible for the MusiCares fund, applicants initially had to have at least five years of employment in the music industry (or six commercially released recordings or music videos), but the board voted to relax the criteria to help more people. Now, the minimum is three years, though those with less will be considered. The amounts given out are determined on a case-by-case basis, as opposed to a set amount like the government’s proposed stimulus checks, while the fund awaits more donations. “If we could give $10,000 to everybody who asks, we would rather do that,” Mason says. “But it’s just going to be a matter of how much money can we raise and how many people need help.”

So far, the donations are pouring in, thanks to Mason and his colleagues hitting up all their contacts in the industry for help. On Tuesday, they announced that the fund has grown by millions, thanks in part to donations from Amazon Music, Facebook, SiriusXM and Pandora, Spotify, Tidal, and YouTube Music. “It’s been just person-to-person, one-on-one outreach. Steve Boom, who’s the chairman of MusiCares, has been very active and has done an amazing job. I’ve been calling, emailing, using relationships that we both have,” Mason says. “It’s been targeted to the streaming companies, the labels, the publishers, managers, artists. There have been estates who call and say, ‘Hey, we want to donate.’ We’ve been really surprised and excited about that.”

Musicians themselves have also been using their time off the road to pitch in with songs, performances, and partnerships. Father John Misty released a live album via Bandcamp to benefit the fund; Dirty Projectors released a cover of John Lennon’s “Isolation”; Amanda Shires and Jason Isbell are soliciting donations during their daily at-home live-streaming concerts; concert site Bandsintown is raising money through a weeklong marathon of online shows; and Alicia Keys teamed with Amazon to spread the word via Instagram and donate up to $100,000 each, with fans encouraged to like, comment on, and share the post. 

Going forward, the Recording Academy and MusiCares plan to hold concerts and “festivals” with long-running productions “rather than just one person in a room, playing,” as Mason says. Aside from helping boost the fund, he believes it has a secondary purpose—helping the fans at home who are also struggling financially and/or emotionally. “Music and art are things that people need when they don’t feel as good as they normally do. That’s why we’re really pushing to get more performances going for people in their homes. Not being able to come together and rally around music like people normally do is a hardship for everyone, so we want to be able to provide something in this crazy time.” 

Even as he oversees round-the-clock claims for assistance and encounters so many people in pain, Mason views this effort and the spirit of community imbued in it as reasons to be optimistic.

“I would say signs of hope are how generous people are being around the initiative that we’ve started. I would say the signs of hope are that people in need are starting to get to take advantage of the fund that we’ve raised. And I think the ultimate sign of hope is going to be when we start gathering around music performances that are generated specifically not only to give back to the community but also to try and give back to our culture in a time when we need it. You’re seeing more people create more music, more people sharing—people reaching out to bring people together. Hopefully, that can be a positive that comes out of this. I just know music is going to be an important part of the healing.” 

More must-read stories from Fortune:

—How Emmy season is proceeding, with caution, amid the coronavirus crisis
—Filmmakers must make a choice as the coronavirus forces festivals online
—Contagion writer, scientific adviser reflect on film’s newfound relevance amid the coronavirus crisis
—How Harvey Weinstein’s sentencing could change the entertainment industry
—Don Cheadle on Black Monday, Wall Street in the Trump era, and hope about the climate change fight
Subscribe to Outbreak, a daily roundup of stories on the coronavirus pandemic and its impact on global business, delivered free to your inbox.

About the Author
By Dan Reilly
See full bioRight Arrow Button Icon

Latest in Arts & Entertainment

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Arts & Entertainment

pizza
PoliticsRestaurants
‘Earth-shaking event for New York pizza’ looms as flour ban hits 80% of crusts citywide
By Jake Offenhartz and The Associated PressMay 22, 2026
19 hours ago
Stephen Colbert signs off after 11 years tonight. CBS cites finances, but the Late Show host blames Trump
Arts & EntertainmentStephen Colbert
Stephen Colbert signs off after 11 years tonight. CBS cites finances, but the Late Show host blames Trump
By Dave Lozo and Morning BrewMay 21, 2026
2 days ago
murdoch
Big TechMedia
James Murdoch vows ‘ambitious journalism and agenda-setting conversations’ as he takes over New York, Vox brands
By Jocelyn Noveck and The Associated PressMay 21, 2026
2 days ago
target
Retailearnings
Target posts biggest jump in comparable sales in 4 years as turnaround takes shape
By Anne D'Innocenzio and The Associated PressMay 20, 2026
3 days ago
Photo of Brian Stelter
Arts & EntertainmentWorkplace Innovation Summit
CNN analyst and ‘The Morning Show’ producer says Stephen Colbert is a role model for his ‘positive’ outlook on his show ending
By Emma BurleighMay 19, 2026
4 days ago
‘Change the World’ idealism is dying in Silicon Valley. We’ll miss it when it’s gone
CommentarySilicon Valley
‘Change the World’ idealism is dying in Silicon Valley. We’ll miss it when it’s gone
By Jonathan WeberMay 19, 2026
4 days ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
2 days ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
3 days ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
4 days ago
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
18 hours ago
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
AI
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
By Jake AngeloMay 22, 2026
17 hours ago
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
Workplace Culture
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
By Sydney LakeMay 20, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.