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Hollywood Praises Stimulus Bill as ‘Bright Light at the End of a Very Dark Tunnel’

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thewrap.com

statement. “There is a very real chance that our business can begin to return to normal in the spring.”The stimulus package passed by Congress late Monday includes a $15 billion package called Save Our Stages, which was introduced by Sens.

Amy Klobuchar and John Cornyn and provides $15 billion to various types of entertainment businesses such as independent cinemas, concert venues, and museums. $12 billion will be reserved for applicants who prove that the pandemic has cost their business over 70% of their revenue compared to 2019.“This bipartisan agreement, shepherded by Senators [Chuck] Schumer, Cornyn and Klobuchar, means that the vast majority of small and mid-size U.S.

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