Save Our Stages act gets passed, granting $15 billion to independent venues

Updated: Feb 25, 2021

The US congress has finally passed the COVID-19 stimulus package. Part of the stimulus package is the Save Our Stages act, which grants $15 billion to independent music venues and other cultural intuitions.

Congress delayed it for months, but they recently finally passed the COVID-19 stimulus package. The package exists of a total of $900 billion and will help a number of industries and individuals hurt by the COVID-19 pandemic. Part of the package is the Safe Our Stages act, which grants $15 billion to struggling independent music venues, theaters, cinemas and other cultural institutions. How the money will be divided between the different institutes is still unclear.

The money could not have come sooner for the venues. Most of them have been closed since March and the ones that have been open had to deal with very low visitor numbers. In April a number of venue owners and promoters formed the National Independent Venue Association (NIVA) to work together and lobby the government for support. They released a statement on twitter regarding the Safe Our Stage act passing:

Democrat and Senate Minority Leader Chuck Schumer of New York provided this statement about the act being passed:

"I’m especially pleased this bill will provide money for bars and restaurants, and $15 billion in SPA grants for theatre operators and small venue operators through the Save Our Stages Act. These venues are so important to my state and so many other states across the country. They are the lifeblood of our communities. They were the first to close and will be the last to open. This bill gives them a fighting chance.”

Source: Pitchfork