Music streaming giants have pledged to fund for music industry workers. Photo: Frtyfve
SAN FRANCISCO: Music streaming giants such as Amazon Music, Facebook, SiriusXM, Pandora, Spotify, Tidal and YouTube Music have pledged to contribute to the MusiCares COVID-19 Relief Fund, to fund for music industry workers.
They have promised to provide monetary support for people in the industry affected by cancellation of music events and loss of various work opportunities.
The companies didn’t say how much they’re donating to the fund. But MusiCares, the charitable foundation behind the project, already raised $2 million since the initiative was established last week, Engadget reported on Wednesday.
Similarly, SoundCloud had also joined hands with Twitch to give musicians a way to earn some money while staying at home.
(with inputs from Agencies)