Almost $2 million will be invested in Australian music labels which nurture and promote local talent.
Music Australia will support 23 record labels, with an initial allocation of $1.7 million though the new Record Label Development Scheme.
Music Australia Director Millie Millgate said the labels varied from local independents to major label Australian subsidiaries.
Ms Millgate said the funding would support the creation of new professional recordings, digital content and artwork, marketing and promotional campaigns, production, manufacturing and freight, artist development and staffing.
She said in addition to supporting labels, the artists featured in the project activities would also receive support through a mandatory non-recoupable 10 percent artist creation fee.
“This direct investment into Australian record labels will see a minimum of 83 Australian acts benefit, creating a domino effect of support, that reinforces the interconnected nature of the contemporary music ecosystem.
“The role record labels play in developing their artists is significant and we need to safeguard them at a time when breaking Australian artists has never been harder.”
Ms Millgate said the Record Label Development Scheme would ensure Australian labels of all sizes, and with different genre focusses, could continue to compete effectively, support their artists, and contribute intrinsic value to a vibrant Australian music landscape.
The awarded labels include:
- Anti Fade Records.
- Bad Apples Music.
- BMG Australia.
- Butter Sessions.
- Cheersquad Records.
- Chugg Music.
- College of Knowledge Records.
- Civilians.
- Efficient Space.
- etcetc.
- Farmer & The Owl.
- Forever Ever Records.
- Future Classic.
- Good Manners Records.
- I OH YOU.
- Medium Rare Recordings.
- Mushroom Music.
- NLV Records.
- ONELOVE.
- Pieater.
- Remote Control Records.
- Sing Hum Records.
- Tomboi Records.
