A fund of 5 million euro to support music performers and
producers in need as they look to cope with the damaging effects of the
COVID-19 pandemic. That’s the aim of the convention agreement signed by
ITSRIGHT with ICCREA Bank and BCC Milano Bank.
Beneficiaries will be
performers residing in Italy and producers based in Italy, represented by ITSRIGHT.
For each of its own
performers or producers who will open a current account at BCC Milano or one of
the affiliated banks belonging to the Iccrea Cooperative Banking Group,
ITSRIGHT will pay 300 euros to be considered as an advance on the accruing
rights (coming from the 5 million euros fund dedicated to the initiative).
To the Artist or Producer who requests it, the Bank will
grant, as per the requirements of the Convention, a personal credit line in the
current account, for an amount which will not be less than 1.000 euros.
The convention is part of the measures adopted by ITSRIGHT
in April involving resources, skills and all the staff to work alongside the
community of its performers and producers and help them face this dramatic
moment. Among these initiatives there is an extraordinary distribution of the
total value of 3.5 million euros in favor of the performers who have had less
results in the distributions. ( read the news)
Haven't you already
joined ITSRIGHT? Fill in the our contact form here. Join ITSIGHT and enjoy the
benefits of this convention.
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