Songs For Japan Raises $10 Million
. A music industry-wide initiative, Songs For Japan is an unprecedented compilation of 38 major hits and classic tracks, including 21 Billboard Hot 100 hits and five #1s from more than 30 of the biggest names in contemporary music. The collection was rush-released worldwide on March 25 � only 14 days after the earthquake struck Japan � as a digital album via iTunes, followed by the release of a physical two-CD set. Tadateru Konoe, President of Japanese Red Cross Society, said, "The kind thoughts of the people who made and bought this album have given great encouragement to the people affected by the earthquake and tsunami. One hundred percent of the money raised goes directly to those most in need. On behalf of the Japanese Red Cross and the people affected by the disaster, I want to sincerely thank the artists and music companies for this generous support. It is much needed and greatly appreciated." All the participating artists, songwriters, music labels, music publishers and iTunes waived their royalties and proceeds to maximise the amount of money donated for survivors. In addition, manufacturers, distributors and marketing partners donated materials, services and advertising time or space. The first payment of $5 million was made to Japanese Red Cross Society earlier this year, after the initial release and sales of Songs For Japan. The latest, further payment of $5 million was made more recently, bringing the total to $10 million. Worldwide, music fans have to date purchased more than 1 million digital and physical copies of Songs For Japan. The album rocketed to #1 on iTunes in 18 countries immediately after release. Songs for Japan features an all-star lineup: John Lennon "Imagine"
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