Jem Aswad Executive Editor, Music Millionaire artists including Post Malone, Lil Wayne, Chris Brown, Nickelback, Steve Aoki and others received some $200 million in pandemic relief as part of the Small Business Administration’s “Save Our Stages grants, according to a new report in Insider.
The report notes that many of these artists own or may have owned businesses or corporations that could qualify for such grants — which were grants from the government, not loans.
Yet the intent of the Shuttered Venue Operators Grants, which were the result of Congress’ “Save Our Stages” campaign that ultimately distributed some $16 billion in pandemic relief, was to assist independent venues.
The amounts received by the above artists and others, if accurate, are staggering: $10 million each for Post Malone and Chris Brown, $9.9 million for Steve Aoki, $8.9 million for Lil Wayne, $8.6 million for Smashing Pumpkins, and many more.
Read more on variety.com
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