On September 10, the Recording Industry Association of America (RIAA) celebrated the 75th anniversary of the Music Performance Trust Fund (MPTF) at the final 2023 Curtain Up! Live from Broadway concert in Times Square. The tribute recognized MPTF’s work enriching lives and uniting communities through the power of music.
“The MPTF team is so grateful to be recognized by the RIAA and celebrate our 75th anniversary alongside our two fundamental partners, the recording industry and the AFM. The generous financial support of major labels enables MPTF to foster thousands of admission-free live performances each year, which are developed and organized by dedicated local union offices of the American Federation of Musicians,” said MPTF Trustee Daniel Beck.
Funded by RIAA member companies—Sony Music, Universal Music Group, Warner Music Group, and Walt Disney Records—MPTF partners with businesses, chambers of commerce, arts councils, cities, and park programs to fund thousands of in-person and virtual events. It has distributed more than $620 million since 1948, engaging AFM members to perform in live, admission-free events. It also fosters more than 500 Music in the Schools programs, scholarships, and more.
“On behalf of the American Federation of Musicians, I want to thank the MPTF for its outstanding work over the past 75 years. The MPTF has had a significant impact on the lives of thousands of musicians. MPTF funding ensures working musicians are paid a fair wage for live performances as they serve their local communities through live music,” says AFM International President Tino Gagliardi.