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Shuttered Venue Grants Are Finally on Their Way, Says Bulletin YOUR DAILY ENTERTAINMENT NEWS UPDATE MAY 27, 2021 Page 1 of 32 INSIDE Shuttered Venue Grants Are • Prince Royce Finally On Their Way, Says SBA Inks Management Deal With WK BY TAYLOR MIMS Entertainment Shuttered Venue Operator Grant awards have started American culture,” said Guzman in her opening state- • On Pearpop, TikTok Users Can Now Earn to roll out to live entertainment businesses struggling ment to the committee. Cash Rewards for amid coronavirus restrictions, according to Small A representative for the SBA confirmed that the Song Promos Business Administration administrator Isabel Guz- administration has begun sending notices of awards , who testified before the House Small Business to approved applicants of the SVOG program as of • How Gucci Mane man Rebuilt His Life — Committee on Wednesday (May 26). Wednesday. The federal government’s grant process And Started Building Marking her first 100 days in the role, Guzman includes sending a Notice of Award to recipients who the ‘Walmart’ of said the SBA is “continuing” to roll out awards for will then need to accept the grant. By signing the Record Labels the Priority 1 group of SVOG recipients who lost lost grant agreement, those entities can receive funds and • Radio Promo 90% or more of their revenue from April to De- are obligated to carry out the full terms and condi- Veteran John Boulos cember 2020. After Congress and then-President tions of the grant. Stepping Away From Trump approved $15 billion for the SVOG program in “We have hundreds of SBA staff working around the Arista December, payouts have been delayed as the SBA first clock to continue processing, approving, and disburs- • Trey Anastasio to worked months to build the infrastructure to receive ing funds as quickly as possible to get our live enter- Play Manhattan’s applications and award payments and then a launch tainment venues back on track,” the SBA representa- First Full-Capacity on April 8 failed and was postponed until April 26. tive tells Billboard. Indoor Show Post- Since then, venues were waiting until this week to According to Guzman, the SBA has received more COVID start receiving funds. On May 24, the SBA told Bill- than 13,000 applications for the grant totaling approx- MARKET WATCH board Priority 1 venues would receive their grants by imately $11 billion in requested funds. Those 13,000 PAGE 29 the end of the month. applicants compile all three priority groups: Priority SONGWRITERS “We started awarding our SVOG funds 1, who lost 90% or more of revenue in 2020; Priority & PRODUCERS this week and we hope to continue to help our nations 2, who lost 70% or more; and Priority 3, who lost 25% CHARTS venues hold on until they can bring back the perfor- or more. With only $11 billion in requested funds, that PAGES 30 - 32 mances and experiences that are the lifeblood of the (continued) TOTAL IMMERSION ESSENTIAL ANALYSIS of the latest business topics and trends formulated to give industry players the competitive advantage in a rapidly changing market. EXCLUSIVE QUARTERLY REPORTS that deliver in-depth, holistic reporting; case studies; and custom data designed to serve the industry. A DEEP DIVE LIBRARY stocked with intelligence on fan data, SUBSCRIBE TO BILLBOARD PRO FOR song catalog sales, TV synchs, Africa’s burgeoning music ACCESS TO NEW REPORTS business and the gaming industry’s embrace of artists. AND THE ARCHIVE 2021 COUNTRY POWER PLAYERS Billboard’s eighth annual Country Power Players CONTACTS issue will profile the people who have driven Joe Maimone another solid year for the country music industry, 201.301.5933 | [email protected] generating billions in sales, streaming and Lee Ann Photoglo publishing. This special feature will highlight the top 615.376.7931 | [email protected] executives, artists and changemakers who kept the music playing during an incredibly challenging Cynthia Mellow 615.352,0265 | [email protected] year, as well as coverage of the changing face of country music. Marcia Olival 786.586.4901 | [email protected] Advertise in Billboard’s Country Power Players Ryan O’Donnell issue to congratulate this year’s honorees while +447843437176 | [email protected] reaching key decision-makers who are driving the music business. ISSUE DATE 6/26 | AD CLOSE 6/16 | MATERIALS DUE 6/17 Page 3 of 32 IN BRIEF leaves roughly $4 billion for supplemental said. “While the program has been delayed, Power Player and the 2018 Latin Power grants for independent venues, promoters, I feel confident that we’ll continue to start Player of the year, WK Entertainment will talent agencies and other cultural institu- to roll out these funds as we have been doing be in charge of the planning, strategizing, tions. this week. We appreciate the patience from and structuring of Royce’s musical career. “For the Shuttered Venue program, it is the industry. Obviously, they don’t have time The deal will also include booking. over $11 billion [in requested funds]. It looks to wait. Their rent is due and other expenses “I’m happy to be working with Walter like applications are still coming in,” said are critical for them.” and look forward to continuing to take my Guzman. “It looks like there will be enough According to committee chairwoman bachata around the globe, with the strate- funding for that in addition to supplemental Rep. Nydia Velázquez (D-NY), “The [SBA] gic support of a great management group,” [funds].” administered more aid during the COVID Royce, who was previously signed to David As of publication, the National Indepen- crisis that it had for all the other disasters Sonenberg’s DAS Communications, said in dent Venue Association says none of its combined during its 67-year history.” The an official statement. members have received funds from the SBA. chairwoman acknowledged that this amount Kolm added: “We welcome Prince Royce “We heard Administrator Guzman of responsibility also resulted in issues for to the WK Entertainment family with open testify that SVOG awards started going the administration and added that it was arms and all of the drive to develop global out this week, and look forward to inde- “overwhelmed” at times. strategies for the evolution of this bachata pendent venues and promoters hearing music icon.” directly about awards from the SBA,” says Royce’s longtime manager, Gaby Her- NIVA board member Audrey Fix Schae- Prince Royce Inks rera, will remain part of Royce’s team, han- fer. “The emergency relief can’t come dling his day-to-day management alongside soon enough and we’ll be incredibly grateful Management Kolm. when it starts flowing.” “This new chapter and alliance will Over the past five months since Trump Deal With WK undoubtedly take Royce’s remarkable career signed the SVOG program into law, con- to new heights,” Herrera, personal manager cert venues have remained largely unopened Entertainment at WK Entertainment, said. “I’m excited and have continued to struggle while and honored to work alongside Walter and awaiting government support. During the BY JESSICA ROIZ am ready to continue making history with hearing, Guzman blamed the delay on the Royce.” “complex statute” the SBA was tasked with rince Royce has inked a world- The deal comes on the heels of the implementing. wide management deal with WK bachata superstar acquiring a Guinness “The program had lots of controls for eli- Entertainment, Billboard can World Record for spending 29 consecutive gibility requirements. There were so many exclusively reveal. weeks (March 28 - Oct. 17, 2020) at No. 1 on types of entities that were eligible with very PHelmed by artist manager and industry the Tropical Airplay chart with his single unique requirements under each,” Guzman lead Walter Kolm, a Billboard International “Carita de Inocente.” The title remained a AUTHORITATIVE INTELLIGENCE. DELIVERED DIGITALLY. CLICK HERE FOR FREE DELIVERY DIGITAL NEWSLETTERS 2021 BLACK EYED PEAS 25TH ANNIVERSARY Over the past 25 years, the Los Angeles trio—will.i.am, The album single from December 2020, “GIRL LIKE ME” apl.de.ap, and Taboo—earned six GRAMMY® Awards and [feat. Shakira] achieved success on Latin and Top 40 achieved sales of 35 million albums and 120 million singles radio, and was the subject of a viral TikTok challenge in across seminal releases such as Elephunk, The E.N.D., and late 2020. The success of TRANSLATION continues to more demonstrate Black Eyed Peas’ ability to reinvent themselves along with the ceaseless changing of the times. One of the era’s biggest acts, they emerged as “the second best-selling artist/group of all-time for Please join Billboard as we celebrate the 25 years of downloaded tracks,” (Nielsen) and landed on Billboard’s Black Eyed Pea success as one of the most compelling “Hot 100 Artists of the Decade.” In 2011, they dazzled the acts in the music scene world with a landmark performance at the Super Bowl XLV Halftime Show. CONTACTS Joe Maimone Their eighth studio album, TRANSLATION, achieved 201.301.5933 | [email protected] staggering international success after its release in 2020, and features major collaborations with artists such as J Lee Ann Photoglo 615.376.7931 | [email protected] Balvin, Ozuna, Maluma, Shakira, Nicky Jam, and Tyga. The album resulted in a series of chart-topping singles, Cynthia Mellow including the massively successful “RITMO (Bad Boys For 615.352,0265 | [email protected] Life)” [feat. J Balvin] and “MAMACITA” [feat. Ozuna and Marcia Olival J.Rey Soul], both of which achieved #1 status on three 786.586.4901 | [email protected] Billboard Charts each, numerous award nominations, and Ryan O’Donnell gold, platinum, and diamond certifications globally. +447843437176 | [email protected] ISSUE DATE 6/26 | AD CLOSE 6/16 | MATERIALS DUE 6/17 BILLBOARD COUNTRY UPDATE APRIL 13, 2020 | PAGE Page 4 5 OF of 1932 ON THE CHARTS JIM ASKER [email protected] IN BRIEF SamHunt’s Southside Rules Top Country totalA of lbu54 weeksms; on the chart.
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