4 Ways To Offset Lost Income From Cancelled Tours & Gigs Right Now

In the wake of the world’s response to COVID-19, thousands of tours, club shows, concerts and festivals have been cancelled or postponed. This has directly impacted the livelihoods of music creators and the professionals who make it possible to bring these experiences to life. In these uncertain times, there is one thing for certain: there is financial assistance.

Here are 4 ways to offset lost income now:

1. RECEIVE DONATIONS – Post your lost gig on http://www.ilostmygig.com where good samaritans may donate to help you offset lost income (all roles matter; from artist/band to sound engineer to stage manager to caterer).

2. SELL MERCH – Sale unsold merch on http://www.missedtour.org

4. GET A GRANT – Apply for one of many grants and scholarships as MusiCares and Live Nation Music Forward Foundation, among others.

3. GET AN ADVANCE – Get an advance on future streaming royalties via Stem Scale at http://www.stem.is/scale or an advance on future performance and/or mechanical royalties at http://www.lyricfinancial.com

Take action now before these resources are overwhelmed and exhausted.

A lot more opportunities are being curated at IG @daeboganmsuic

About Dae Bogan

Dae Bogan is a music rights executive, serial entrepreneur, and educator with over fifteen years of experience in the music industry. Currently, he is the SVP of Global Music Rights at Jammber and Lecturer at UCLA Herb Alpert School of Music.

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