Today, SESAC Chairman and CEO, John Josephson released a statement about the CARES Act. It reads as follows.
“Now more than ever, it is our collective responsibility to protect our music creators. They have not only remained committed to their craft of making music during this unprecedented time but have also provided a sense of unity, connection and passion, which will only strengthen our nation in the days to come. To that end, today the U.S. House of Representatives passed the historic stimulus package and we’re grateful to all Members of Congress and their relentless efforts on getting this Bill passed. The “CARES Act (Coronavirus Aid, Relief and Economic Security Act),” is critical to recharge the economy while providing relief to so many American businesses and workers, and we’re thrilled that certain provisions will include relief for many music professionals who are independent contractors, small business owners or self-employed.”