Venues and arts organisations in the UK were ‘forced to thank the government’ publicly to receive the Culture Recovery Fund grant this week.
A total of £257million was awarded to successful applicants, offering some welcome relief after months of uncertainty. Clubs including Corsica Studios, 24 Kitchen Street, Hope Works and Mint Warehouse were among the 1,385 recipients.
1,385 UK arts organisations and venues are to receive portions of a £257 million grant from the Government, it has been announced.
Splice has raised $35m in funding and has paid artists $5m in revenue since it began operating in 2013. The music creation platform and sample-sharing service allows users to collaborate, share sounds and preview individual samples one by one, purchasing them using special Credits.
SoundCloud has secured its future after the streaming service today secured emergency funding to carry on for the forseable future.
Yesterday, rumours began circulating online that if SoundCloud didn't strike today's deal the service could have been forced to closed down within 24 hours.
News of today's investment was broken via a blog post penned by SoundCloud founder, Alexander Ljung.