What you need to know
- Spotify is adding a fundraising feature to its app.
- Artists can raise money for themselves or causes they care about.
- The Cash App has also established a $1 million relief effort for artists.
In an effort to help artists fundraise for themselves and causes they care about, Spotify is launching a new feature called 'Artist Fundraising Pick'.
The company announced the new feature in a blog post on the company's website today. According to the press release, Spotify has secured partnerships with the Cash App, GoFundMe, and PayPal for the initiative.
The Cash App has apparently established a $1 million relief effort that will give $100 to artists who receive at least one contribution through Spotify. The fund is currently only available to artists in the United States and the United Kingdom, but anyone in the world can contribute to the artists.
For artists who don't necessarily need to raise money for themselves, Spotify is also allowing artists to route contributions to "verified organizations participating in the Spotify COVID-19 Music Relief project."
Apple has also joined in on the relief effort for the music industry. Earlier this month, it was discovered that the company had created a $50 million Royalty Advance Fund to help independent labels and artists weather the crisis.
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Joe Wituschek is a Contributor at iMore. With over ten years in the technology industry, one of them being at Apple, Joe now covers the company for the website. In addition to covering breaking news, Joe also writes editorials and reviews for a range of products. He fell in love with Apple products when he got an iPod nano for Christmas almost twenty years ago. Despite being considered a "heavy" user, he has always preferred the consumer-focused products like the MacBook Air, iPad mini, and iPhone 13 mini. He will fight to the death to keep a mini iPhone in the lineup. In his free time, Joe enjoys video games, movies, photography, running, and basically everything outdoors.