HSBC UK pledges £2m to support 30 new Stormzy scholars at the University of Cambridge over the next 3 years 29 Jul 2021
'The Stormzy Effect' gathers pace
A further 30 Black students are to receive a £20,000 per year scholarship to study at the University of Cambridge following a new philanthropic partnership between HSBC UK and the #Merky Foundation, the UK charity founded by British musician, Stormzy.
The scholarships will fund the tuition fees and maintenance costs (equivalent of £20,000 per student each year) for 10 new students each year over the next three years, for a degree course of either three or four years' duration.
The combined support of HSBC UK, the #Merky Foundation and an anonymous donor means the University is set to welcome a total of 13 Stormzy Scholars in the autumn.
The move represents a significant expansion of The Stormzy Scholarship programme, launched in 2018, which to date, has supported six Black students through their Cambridge education. In June 2020, Stormzy's #Merky Foundation announced it would be donating £10 million over ten years to charities and other organisations committed to tackling racial inequality in the UK. HSBC UK's donation is in addition to #Merky Foundation's initial commitment, with the Foundation encouraging other companies to follow suit and join them in pledging.
The Stormzy Scholarships are credited with helping Cambridge to attract more applications from a traditionally underrepresented group. In 2017 the University admitted 58 Black British students to undergraduate degree courses. In 2020, this had risen to 137. This represented a 50% increase on the previous year and in turn was coined 'The Stormzy Effect'.
Stormzy, said: "For 30 more Black students to have the opportunity to study at Cambridge University - the same year our initial 2018 scholars graduate - feels like an incredible milestone. Thank you to HSBC UK for their significant donation and of course, Cambridge University for always backing our mission. I hope this scholarship continues to serve as a small reminder to young Black students that the opportunity to study at one of the best universities in the world is theirs for the taking."
The first two Stormzy Scholars graduated this summer with a high 2:1 and 2:1.
The University of Cambridge's Senior Pro-Vice-Chancellor, Professor Graham Virgo, said: "We are enormously grateful to HSBC UK for supporting the #Merky Foundation in funding the degree courses of an additional 30 Black students over the next 3 years. "Since the Stormzy Scholarships were announced in 2018 we have seen a significant increase in the number of Black students applying to study here and being admitted and we are very proud to see the first two students supported by the scheme graduate this year. We're confident that they are starting out on an exciting journey which may not have been possible without the generous support of philanthropists like Stormzy. With the launch of our Foundation Year, for admission next year, we will be in a position to support a lot more students who have experienced educational disadvantage on their path through higher education."
Ian Stuart, Chief Executive of HSBC UK, said: "Education is a great equalizer and a powerful force for change. We are incredibly proud to support the growth of the Stormzy Scholarships at the University of Cambridge, helping remove barriers to higher education as part of our wider commitment to support racial equality in the UK."
All Stormzy Scholarship applicants will also have the option to explore work experience, skills development and mentoring opportunities with the bank.
To be eligible for a 2021 award applicants must have a confirmed place to start at Cambridge in October, and be a home student (UK) of Black or mixed race heritage. Applications must be submitted to the University no later than Friday 27 August 2021. The students will be selected from a list of applicants by a panel of University staff and experts from higher education. The President of the University's student African-Caribbean Society also sits on this selection panel.
Students from low income families can apply for awards of up to £3,500 a year from the Cambridge Bursary Scheme. In the 2019/20 academic year, almost £8.5m was distributed to a total of 2,711 students.
NEWS & PRESS
IMPF launches 4th edition of Global Market View for Independent Music Publishing
IMPF has launched the fourth edition of the Global Market View for Independent Music Publishing.Available here and sponsored by Musixmatch, it is the only report that looks exclusively at the independent music publishing industry and its international impact and position....more
Sony Music Entertainment Germany launch new electronic music label 'noted. records'
The Berlin-based imprint will cater to electronic music artists globally First signing, Anfisa Letyago, to release new single today Sony Music Entertainment (SME) Germany announced today the launch of 'noted. records', a global electronic music label with a commitment to cultivating electronic and...more
AIMP Statement on Spotify's Music-Audiobook Bundle
The Association of Independent Music Publishers (AIMP) — including Michael Lau (National Chair and New York Chapter President), Marc Caruso (Los Angeles Chapter President), Ree Guyer (Nashville Chapter President), and Tony D. Alexander (Atlanta Chapter President) — issued the below statement on...more
6 new publishers elected to IMPF Board
Rosa M. Vizcaíno Gómez, Emily Stephenson, Claudia Mescoli, Cecilia Léon Rodrigo, Tatjana Bukvić and Denise Andrikopoulou newly elected at organisation’s 2024 General Assembly. IMPF (Independent Music Publishers International Forum) has elected a new College of members to its Board at the organisation’s...more
The Music Producers Guild Announces 2024 Awards Winners
Thursday 25th April. At an inspiring ceremony at The Troxy, London, The Music Producers Guild in association with Dolby & Mix with The Masters, announced the complete list of 2024 award winners. Now in its 16th year, the annual event, which recognises early talent, who later go on to...more
Co-op Live update
Since making the difficult decision to postpone the live shows at Co-op Live due to take place this week, we have been undertaking an extensive protocol of testing critical procedures to ensure all areas are ready for fans. To ensure that...more
IMS Business Report 2024
Dance Music industry now firmly in its post-pandemic growth phase with 17% revenue growth in 2023 and a total industry valuation reaching $11.8 billion.Independent labels increased their market share for the fourth consecutive quarter, reaching 31%.The annual study of the electronic...more
Pulse Music Group and hit songwriter/producer/artist Jon Bellion form publishing venture
First signing between Beautiful Mind & PULSE Music Group is Elijah Noll PULSE Music Group Co-CEO’s Scott Cutler and Josh Abraham along with President/Head of Creative, Ashley Calhoun announced today that they have formed a music publishing creative joint venture...more
Record Store Day, The Music Business Association and Luminate announce new partnership regarding physical music sales data across independent retail sector in the US
Luminate Now Receiving Independent Sales Data from StreetPulse Billboard Rebranding “Tastemaker Albums” Chart To Better Recognize Impact of Independent Store Sales Today, Coalition of Independent Music Stores (CIMS), Alliance of Independent Media Stores (AIMS), and Department of Record Stores (DORS), who work together as Record Store Day, The Music Business Association,...more
Absolue inks deal with Capitol Records Italy for Jack Savoretti album
Absolute Label Services will handle release of Savoretti’s first ever Italian language LP in UK & Ireland. Absolute Label Services has agreed a deal with Universal/Capitol Records Italy for the release of Jack Savoretti’s first ever Italian language album. The deal covers...more
Beyond the Bassline: 500 Years of Black British Music opens at the British Library
Beyond the Bassline: 500 Years of Black British Music opens at the British Library First exhibition to document the 500-year musical journey of African and Caribbean people in Britain opens at the British Library and in local libraries across the UK Soul...more
YolanDa Brown OBE DL becomes University of Kent’s new chancellor
The University of Kent is delighted to announce that double-MOBO winning musician and broadcaster YolanDa Brown OBE DL has been appointed to the role of Chancellor, succeeding Gavin Esler who has retired from the position after almost 10 years in the role. Having...more
Festivals unite to extend fundraising prize draw closing date
WIN TICKETS TO OVER 60 OF THE UK & EUROPE’S MOST BELOVED FESTIVALS IN SUPPORT OF WAR CHILD AND MAP BOOMTOWN, LOVE SAVES THE DAY, PARKLIFE, ALL POINTS EAST, TRUCK, THE LONG ROAD, WIDE AWAKE AND MANY MORE OVER £10,000 RAISED SO...more
Concord Music Publishing extends agreement with Jeremy Lutito, signs Jon Class under new JV partnership
Today, Concord Music Publishing announced that they have extended and expanded their existing agreement with GRAMMY-nominated producer, songwriter, and multi-instrumentalist Jeremy Lutito. This worldwide publishing deal, effective immediately, includes Lutito’s full catalog and all future works and launches a new joint venture partnership, Mezzanine,...more
TuneCore Expands Music Publishing Services and User Experience to Aid Independent Songwriters
TuneCore, the leading independent development partner for self-releasing artists—owned by Believe, one of the world’s leading digital music companies—has rolled out a comprehensive suite of music publishing services to help independent songwriters increase their earnings in over 200 countries. Andreea Gleeson,...more
Radio 2 in the Park 2024Â to land in Preston
Radio 2’s flagship annual live music event, Radio 2 in the Park, will take place this year in Moor Park in Preston, Lancashire on Saturday 7th and Sunday 8th September, as revealed this morning by Gaby Roslin on the Radio...more
Como No – The UK’s Leading Latin Music Promoter – Announces New Director Amid Major Changes To Organisational Structure
Elena Beltrami is appointed as new Director of Como No & La Linea Festival as Founder Andy Wood steps back and becomes a Non-Executive board member Como No, one of the world’s foremost Latin music promoters, today announces a significant change...more
Liana Flores signs to Verve (US) and partners with Fiction (UK)
Releases highly anticipated new song ‘I Wish For The Rain’ Today, British-Brazilian artist Liana Flores is proud to announce that she is now signed to the iconic Verve Records (The Velvet Underground, Astrud Gilberto Kurt Vile, Arooj Aftab). Fiction Records (The...more
Amazon Music returns to Primavera Sound to exclusively livestream the festival to audiences around the world
Amazon Music and Primavera Sound join forces for the third consecutive year Music fans around the world will be able to tune in to the event from 30th May – 1st June Primavera Sound will be broadcast in Spanish and English on the Amazon...more
Black Lives in Music - Government ‘Falling Short’ in Helping to Protect Women in the Music Industry
UK Government ‘Falling Short’ in Helping to Protect Women in the Music Industry Harassment and Discrimination Allowed to Continue After Government Rejects Recommendations of the Misogyny in Music Report BLiM & CIISA amd more respond to the Government’s inaction CIISA cite BLiM's new...more
Symphonic Distribution Hires Stephen Nightingale to Lead A&R and Business in Canada
Symphonic Distribution, a leading music technology and services company for independent labels, managers, and artists, has hired music industry veteran Stephen Nightingale as Vice President, A&R and Business Development, Canada. Reporting to Symphonic’s Chief Creative Officer, Randall Foster, Nightingale will bring his...more
Rock icon Dan P Carter joins Spinefarm as Director of Artist Development
Key appointments also made across UK Marketing Team Spinefarm Music Group, one of the most successful and best-known rock labels in the world, has announced a major global hire alongside a new UK marketing team. Dan P Carter, the longtime curator of...more
Park Avenue Artists Expands Booking Division
New York multihyphenate agency signs new talent, brings on booking co-director in ongoing push to create a new model for arts agencies and management. Park Avenue Artists has expanded both its artist roster and its executive team in its booking division....more
Meet Unisound: The ultimate matchmaker between sample buyers and sellers
The market for sample packs is more saturated than ever–forcing modern sample libraries to make and market their sounds and leaving buyers to sift through endless sounds to find exactly what they are looking for. That’s why Unisound created a platform that lets...more
Universal Music France and Binetou Sylla, founder of leading independent label Wèrè Wèrè Music partner to lead Def Jam Africa across French-speaking Africa
Universal Music France and producer Binetou Sylla form strategic relationship to lead Def Jam Africa, focusing on further developing French-speaking regional artists globally Universal Music France (UMF), a division of Universal Music Group (UMG), the world leader in music-based entertainment, today...more
BPI CEO calls on music industry and government to unite around 5 key priorities to support human artistry and sustainably promote British music
Focus on talent & education, fan engagement & innovation; and sustainability; Keynotes from Ed Newton-Rex, Fay Milton, Louis VI, and Thangam Debbonaire MP, Shadow Secretary of State for DCMS. Panel contributions including by Rebecca Allen (EMI Records), Elton Jackson (Sony Music UK), Vabyanti Endrojono-Ellis...more
The Independent and Music Venue Trust launch major new initiative to support UK grassroots music venues
Main Stage will be led by Music Editor Roisin O’Connor alongside the Music Venue Trust 12 venues around the UK to be recognised over the next yearEach venue to receive editorial coverage and a free ad campaign on The Independent The Independent...more
Sony Music Publishing Nashville Signs Randall King to Global Deal
Sony Music Publishing Nashville today announced the signing of West Texas native Randall King, celebrated by Holler as “the genre's neo-traditional figurehead,” to a global publishing agreement. King has emerged as one of today’s most promising new voices in country music, amassing over...more
Nominations announced for the Ivors with Amazon Music 2024
Sampha and Yussef Dayes lead the way with two nominations each Composer Daniel Pemberton also receives two nominations across the screen categories RAYE, CMAT, Yussef Dayes, Lankum and Sampha in the running for Best Album Jungle, The Japanese House, Jazzy and Kenya Grace...more
The Great Escape announces full conference line-up and schedule
NEW SPEAKERS INCLUDE WIRE'S COLIN NEWMAN, IZZY BEE PHILLIPS (BLACK HONEY) AND APPLE MUSIC HOST DOTTY Today The Great Escape has announced the full line-up and schedule for its UK-leading music industry conference, returning to Brighton from Wednesday 15th to Saturday...more
THE HEADLINES
Should the state step in to save our live music scene? (see Features)
Gary Roden exits Co-op Live following troubled venue launch (see News)
Spotify talks growth, bundle royalties and short-video plans (see Digital)
BPI CEO calls on music industry and government to unite around 5 key priorities to support human artistry and sustainably promote British music (see News)
Hipgnosis Song Management fires back at Songs Fund board (see Business)
Blackstone bid for Hipgnosis receives backing from board (see Business)
Taylor Swift’s new album breaks Spotify records (see News)
Independence - what’s up with that BPI press release about 2023 music consumption? (see Comment)
Creator Remuneration Working Group meet for the first time (see News)
Concord's takeover of Hipgnosis (see Analysis)
Concord set to acquire Hipgnosis Songs Fund (see Business)
Is the music industry gaslighting artists? (see Comment)
BPI’s new Yearbook highlights an independent sector growing for a sixth consecutive year (see Reports)
Can’t cross the moat? Walk around it. (see Comment)
The conversation around Fandom needs to change (see Opinion)
Viagogo: Carrying on ticketing, despite the controversy (see News)