New recording studio for Ratio:Production thanks to the music fund
Deputy Arts and Sport Minister Dawn Bowden visited Ratio: Production in Aberbargoed to see how the Creative Wales Music Capital Fund has helped grow the business and its services to the music and events industry.
Creative Wales, through the Music Capital Fund, has awarded over £524,000 to 58 music venues across Wales. The fund has helped small and medium-sized music businesses improve and increase their business prospects and sustainability and contribute to the development and growth of the music industry in Wales.
Ratio:Production has received funding through the Music Capital Fund to develop a purpose-built recording studio to capture live performances and create media for artists, in addition to facilities to serve British Sign Language and l interpretation for live music concerts.
This funding follows crucial support the company received during the Covid pandemic from the Cultural Recovery Fund.
Deputy Minister of Arts and Sport, Dawn Bowden, said: “The Music Capital Fund has encouraged radical change in the music industry. Improved facilities will widen the range of room uses, attract better artists and increase the number of spectators. All of this will have immediate economic benefit for music companies, their supply chains and the industry as a whole.
“I was delighted to see how Ratio:Production made the most of the funding – and I wish them every success in the future.”
Emily Darlington of Ratio: Production, said: “The support we have received from the government during and since the pandemic has been exceptional, we have been able to support our freelancers throughout and future proof our business for years to come.
As further support for the music sector in Wales, Creative Wales will launch a new music revenue fund of £250,000 on Friday July 8, 2022.
The Music Revenue Fund aims to encourage music labels and music management companies to apply for funding that will provide additional support for stronger campaigns around planned releases. Improve their business prospects and sustainability; and therefore contribute to the development and growth of the music industry in Wales.