Artists distributing their music to Snapchat through Music Biz member, DistroKid can now claim monthly grants of up to $100,000 thanks to Snapchat’s new Sounds Creator Fund. The fund is currently available to U.S.-based artists who are currently signed to Snapchat’s music label and publisher partners. Currently the program is capped at 20 songs, and Snap says it will provide grants of $5,000 per song based on how engaged its users are with the track.
“By providing meaningful funding and creative support, our goal is for artists to feel empowered to continue creating and pursue a career in music,” said Snapchat Global Head of Music Partnership, Ted Suh.
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