Economic Development Futures Journal

Tuesday, April 08, 2003

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New Orleans Seeks Ways to Bolster Music Business

When you think about New Orleans, the city's music immediately comes to mind. If the city's music is so good, then why has New Orleans not been able to parlay its musical talent into a significant music industry, such as those found in Nashville or Austin? Several people are asking just that question.

In what supporters call a modest first step toward nurturing a New Orleans music industry, two state legislators have introduced twin bills that would establish an arts and entertainment industry development fund. If created, the fund would provide no-interest loans to small music-related ventures in Louisiana, including recording, publishing, technology and manufacturing companies. Businesses related to live music, including festivals, would not qualify.

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