Artists Auction Future Royalties For Cash Today

While Royalty Exchange might sound like a dating service for those in the peerage, it’s actually a company geared to assisting artists looking to auction off some of their most valuable assets: their royalties and residual rights. Royalties and residuals are contract-guaranteed percentages doled out to creators and performers based on the use or performance of works they were involved in. And participation in a hit song, movie or TV show can mean they rack up pretty fast. – Los Angeles Times

Online Learning Platforms Report 400 Percent Enrollment Increases

While these more traditional education platforms have seen huge spikes in users and funding during the pandemic, consumers have also demonstrated a growing appetite for online classes geared toward entertainment and enrichment. MasterClass is adding more content, while Airbnb and Instagram Live have emerged as learning hubs, with influential instructors teaching everything from dance to poetry writing to cocktail making. – Fast Company

The Arts Bailout In The UK Gives Hope, And A Few More Months, To Some

The bailout came to more than 2,000 arts organizations and venues in Britain (and U.S. arts groups are feeling quite jealous). But: “For many, the joy might not last long. The terms of the grants state that they must be spent by Mar. 31 next year. After that, on Apr. 1, if institutions can’t operate profitably with social distancing limiting numbers, many will again face the prospect of layoffs or closing.” – The New York Times

Some NY Theatres Lobby To Reopen Given Their Unconventional Spaces

A coalition of theaters are lobbying New York State for special permission to present ticketed performances to reduced capacity, socially distanced audiences. Because of their open spaces and flexible designs, these theaters argue that they can safely return to business now or soon, before standard theaters do. At present, though, only rehearsals, gallery exhibitions and film shoots are allowed. – The New York Times

How The Arts Deploy Fear In The Nerve-Wracking Year 2020

“[A package exploring] how fear informs the culture that we consume. … Chronicle classical music critic Joshua Kosman tells us how music can stoke terror in us with just a few notes. Chronicle theater critic Lily Janiak shows us how fear can be used to our advantage. And Chronicle movie critic Mick LaSalle explains how we’ve been living in a time of fear for 20 years, with a two-decade span of film that’s been reflecting the concerns around us.” – San Francisco Chronicle

Restaurant Culture Upended – Michelin, Beard Cancel Awards

The James Beard Foundation has halted its annual restaurant awards for at least another year and is in the midst of a messy foundation-wide reckoning. The World’s 50 Best has shifted its focus from restaurant ranking to industry recovery. And Michelin, the most storied name in the restaurant-awards game, announced that it has indefinitely delayed the release of its 2021 guides in America. – Grub Street

Jersey City Proposes New Community-Based Way To Support Artists

Here’s how it works. Individuals and/or organizations can apply for funds, proposing a specific use case and budget for how the funds would be used. Each council member appoints a community member who reviews applications, which helps mitigate the probability that politics is injected into the equation. These community members will assess the applications and award funds. One of the important implicit benefits of that approach is that it engages community members and civic participation. – Forbes