This represents the largest amount of yearly revenue generated since 2006.
Advances granted between now and April 16 will be offered with no fees or interest of any kind for the next year.
The music veteran is currently undergoing treatment at the UCLA Medical Center.
The deal allows Apple Music to stream content owned and under license by all three major labels.
The music veteran will receive the prestigious honor during the 2020 Music Biz Conference in Nashville, TN.
Green Day, ASCAP, Stormzy, Coachella and SXSW have all been axed or postponed due to Coronavirus fears.
Is it time to scrap traditional sales altogether?
Can a genre-specific streaming site work?
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