Musicutor: Tourism and retail establishments will benefit from royalties discount until the end of June

Tourist and retail accommodation establishments receive a 10% advance payment discount until the end of June 2021. This decision was made by the Musicutor Board of Directors, extending the discount for music venues for another two months, rather than until the end of April as per the organization's tariff.

This action was taken to support the industry, which along with the music scene in Bulgaria, was the first one to be affected and suffered serious losses due to the lockdown.

Musicautor has forwarded this information to the tourism industry organisations. The letter also states that the royalties are only to be paid for the time that the venues are actually open. For the periods of restrictions, recalculations are to be made and the royalties will be reduced proportionally.