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Musicians will be able to obtain advances from the $20m pot over the next 30 days, through April 16, or until the money is depleted.

Sound Royalties says that songwriters, performing artists, producers and others with royalty income can apply for zero-interest cash advances on a one-year repayment schedule with “no fees or costs of any kind”. Find out more about this financial assistance for musicians and how those in the music industry can get an advance on royalties.