France pledges €50m for music, launches ‘festival fund’
A new festival fund, government support for small events and a €50m increase in the CNM budget will support cultural businesses through the coronavirus crisis
News By IQ | 11 May 2020
The French government has pledged a further €50 million to support the country’s music industry, as well as establishing a ‘festival fund’ to assist events forced to cancel by the coronavirus outbreak.
In a televised address, which followed a meeting with industry representatives on Wednesday 6 March, French minister of culture Franck Riester announced that the National Music Centre (CNM) would have its budget increased by €50m – “a contribution to the aid it has already provided” to the sector,…
You've used your free article this month
Continue reading with a free account, or subscribe for unlimited access to all of our news, features and reports.
