Beatport, the digital obtain retailer catering to the digital music neighborhood, is once more awarding grants supposed to assist organizations which are fostering variety and gender fairness within the digital music business.
This marks the third yr of this system, with Beatport once more providing $150,000 in grants. Together with the cash, the fund will once more present advertising and marketing and editorial assist to assist recipients develop their initiatives. As in earlier years, grant recipients will probably be chosen by an software course of and obtain grants ranging between $3,000 and $15,000.
One other $10,000 will probably be allotted to the newly created IMS Ibiza Fund, which can assist younger artists in attending the 2025 version of the annual dance music convention in Ibiza. (Beatport acquired a majority stake of IMS in 2023.)
“At Beatport, we imagine that fostering a extra inclusive music business is important to its continued evolution and success,” Sofia Ilyas, chief neighborhood officer of The Beatport Group, mentioned in an announcement. “By our Range + Parity Fund, we purpose to empower these working on the grassroots stage to assist form a extra inclusive future in digital music. We’ve been honored to assist unimaginable initiatives over the previous two years and watch them develop and make an actual influence. We look ahead to seeing the influence this yr’s recipients will make.”
Purposes for this yr’s fund will be submitted beginning Thursday (Oct. 3) by Oct. 31. Final yr’s grant recipients have been to the organizations Change the Beat, Final Evening a DJ Saved My Life, One Off Tracks, Different Village Individuals, Saffron and We Are Shifting the Needle.
In 2022, Beatport claimed to have offered 25,519,770 track downloads, making up almost 12% of all tracks downloaded globally, based mostly on Luminate knowledge.