Premier Announces $15 Million Investment for Music Industry

| February 11, 2016 in Provincial

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The provincial government has announced a multi-million dollar grant for the creation of a BC Music Fund.

Premier Christy Clark made the announcement on Thursday, saying a $15 million grant will go towards the fund to help support various activities in the music industry. The star-studded event included famous Canadian musicians such as Michael Bublé and Sarah McLachlan.

"B.C. is one of Canada's leading centres for music with talented musicians in every corner of the province," said Clark. "Our record labels, recording studios, concert venues and music festivals draw people from all over the province, the country and the world. Music develops culture, promotes talent and diversifies our strong and growing economy."

The BC Music Fund will be administered through Creative BC and will help support and grow the music sector in the province. The music industry in British Columbia is made up of 58 independent record labels, 123 sound recording studios and hundreds of music publishers, managers, talent agencies, marketing and other businesses that support the development and delivery of music. The three major labels, Sony, Warner and Universal, all have a presence in B.C.

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