European Commission mulls new €2bn music fund

EUROSONIC 2013 UPDATE: Ann Branch, European Commission (EC) official, has confirmed that the proposed €1.8bn Creative Europe funding programme will be open to the music industry.

Anita Awbi
  • By Anita Awbi
  • 10 Jan 2013
  • min read
Addressing delegates at the Eurosonic Noorderslag expo this afternoon, she said that Creative Europe aims to help cultural and creative sectors seize the opportunities of the digital age and globalisation.

She added that the programme will draw on the European Union Cohesion Policy Fund, which is worth €1.8bn and may be used for strategic cultural investment as part of local and regional development strategies. The funding pot represents a 37 percent increase on previous spending.

If the programme is approved by the Council of EU Ministers and the European Parliament, it will run from 2014 to 2020. It is hoped the programme will enable the creative sectors to reach their potential so that they can contribute to the Europe 2020 goals for sustainable growth, jobs and social cohesion.

For more information, visit http://ec.europa.eu/culture/index_en.htm

Ann Branch is the Head of Unit, Culture Programme and Actions at the EC.