With all tours and live performances postponed for the foreseeable future, musicians are hurtin’ for certain. 

But before we all start singin’ the blues, let’s take a look at some companies who are stepping in to provide a little help for our friends.

  • Last week the Recording Academy, the organization behind the Grammy’s, announced the MusiCares’ COVID-19 Relief Fund. Amazon Music, Facebook, SiriusXM, Pandora, Spotify, Tidal and YouTube Music have pledged to contribute and the fund had already raised over $2 million. 
  • SoundCloud has joined forces with streaming giant Twitch to give musicians a way to earn money from live streams. Under their partnership, SoundCloud creators can get their Twitch Affiliate status fast-tracked; a process that usually takes several months. Now, musicians can monetize their accounts within days.
  • Today, Spotify is adding features to enable artists to fundraise directly from listeners with no fees. 

It’s a tough time for most of us, but if you find yourself in a position to donate, your favorite artists could probably use it right about now.