Music Exports

As a state-backed organisation devoted to boosting Canadian music, FACTOR offers dozens of grants tailored to the industry’s diverse needs. Whether aiding an emerging artist’s demo recording or supporting an established musician’s album promotion or international tour, it provides a purpose-built funding programme to suit their specific needs. Canada is also prioritising the ‘song export’, with specific funding available for Canadian songwriters, composers, and publishing companies to promote [...] Government-industry partnerships, the BPI-administered Music Export Growth Scheme (MEGS) and PRS Foundation’s International Showcase Fund (ISF) promote British music abroad and generate economic revenue. Every £1 invested by the Government in ISF artists led to £15 in export revenues, while MEGS has a £13.61 return for every £1 invested. The Government’s decision in June 2023 to boost MEGS funding to £3.2 million over the next two years is indicative of its success. [...] Culture Minister Nigel Adams revealed Government plans for a new music strategy as he pledged to support UK’s “brilliant creators”. ### Copyright Music is a national asset to the UK; economically, socially and culturally. Pre-pandemic economically, it contributed £5.8 billion to the... ### UK Music Meets Cabinet Minister Kemi Badenoch For Music Trade And Export Talks