Music Industry Moves: Phish Raises Over $3.5 Million for Flood Recovery; Sean ‘Diddy’ Combs Donates $1 Million to Jackson State Football

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Phish has raised over $3.5 million dollars for flood recovery efforts in Vermont and Upstate New York during their pair of benefit concerts at the Broadview Stage at SPAC in Saratoga Springs on Aug…

has raised over $3.5 million dollars for flood recovery efforts in Vermont and Upstate New York during their pair of benefit concerts at the Broadview Stage at SPAC in Saratoga Springs on Aug. 25 and 26.

The concerts were webcast for free at LivePhish.com and on Phish’s YouTube channel, where fans were encouraged to donate directly to the WaterWheel Foundation’s 2023 Flood Recovery Fund. The money raised from both events is derived from 100% of the net proceeds from all ticket revenues and merchandise sales, as well as individual donations. The funds will be used to help communities throughout Vermont and Upstate New York that have been affected by historic levels of rain and major flooding.

“Although this donation does not directly impact other schools, this pledge uplifts the entire HBCU community by bringing awareness to the ongoing commitment to professional development, career advancement, and increased support for HBCU athletics and institutions,” the press release reads.,” an investment company focused exclusively on music and music-adjacent businesses.

Other investors include Structural Capital and Ahdritz Holding LLC, the investment vehicle for Willard Ahdritz, founder and chairman of Kobalt Music; with investments from Exor Ventures and Mirabaud Lifestyle Fund. Abner joined BMG in 2018 as the VP of business and legal affairs, responsible for the BMG recorded legal team in North America. In 2020 he was promoted to senior VP of business and legal affairs. Prior to joining BMG, Abner held senior executive posts at PMP Records and Loud Records as well senior attorney positions at music law firms Lenard & Gonzalez and Davis Shapiro Lewit Montone & Hayes.on the heels of her recently announced “Transitions” U.S.

 

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