Although music streaming has taken an unexpected hit from COVID-19 panic, Spotify has been petitioned to increase payouts to artists affected by travel and gathering restrictions. In response, the music streaming leader has announced that it will donate up to $10 million to initiatives benefiting musicians.

U.K. organizations PRS Foundation and Help Musicians as well as U.S. charity MusiCares have already received some of the money set aside by Spotify. The service has also launched a website by which anyone with the means can donate individually to any of the aforementioned outfits.

Music was among the first industries to bear the brunt of the novel coronavirus’ economy-derailing potential. When such events as Ultra Music FestivalSouth By Southwest and Coachella were postponed, much of the world began to take the pandemic more seriously. At the time of writing the World Health Organization reports over 455,000 confirmed cases worldwide with the resulting death toll having just passed the 20,000 mark.

In order to “flatten the curve” of the spread of COVID-19, all are encouraged to abide by the regulations imposed by local lawmakers in addition to practicing extreme social distancing when making essential trips out of the house.

H/T: Music Business Worldwide

Related

Musicares

MusiCares' COVID-19 Relief Fund Now Depleted of Financial Resources

The organization has seen double the average rate of annual applications in a matter of weeks.

knkrlilxmhe

Legendary Liverpool Venue Zanzibar to Permanently Close Due to Impact of COVID-19

"Covid-19 has been a massive kick in the teeth for everyone."

spotify-icon-ios

Musician Union Launches Campaign to Demand Cent-Per-Stream Payouts by Spotify

The United Musicians and Allied Workers Union has launched a vigorous crusade called "Justice at Spotify."

A photo of The Hakkasan Grid from its grand debut courtesy of Powers Imagery, LLC.

1,600 Laid Off by Hakkasan Group Due to COVID-19 Gathering Restrictions

The Hakkasan Group has been hit hard by lawmaker response to the novel coronavirus.

Tomorrowland Winter's 2019 main stage with fireworks or pyrotechnics going off.

Tomorrowland Winter 2020 Joins List of Festivals Canceled over COVID-19 Coronavirus Spread

Tomorrowland Winter has been canceled by order of the French Government.

spotty

Contrary to Expectations, Music Streaming Reportedly Declining during COVID-19 Pandemic

People stuck in isolation are reportedly not streaming more music.

A photo of an astronaut art installation as well as a more abstract sculpture at Coachella Valley Music and Arts Festival.

Coachella Confirms 2020 Postponement Amid COVID-19 Concerns

Coachella has joined SXSW and Ultra in canceling their 2020 event amid COVID-19 concerns.

Bassnectar

Bassnectar Shows how We Should All Respond to COVID-19 in Update on Deja Voom

Bassnectar's statement on Deja Voom 2020 made an inspiring call to action during uncertain times.