Snapchat pays musicians up to $100K per month for the best songs
Popular Social Media Platform Snapchat's parent company has announced a new Creators' Fund to provide independent musicians with up to $100,000 per month.
The company said the new grant program is designed to recognize emerging independent artists for their vital role in driving video creations, inspiring internet trends, and defining cultural moments.
"We want to support independent and emerging artists who are advancing creation on Snapchat," said Snap's Global Music Partnership Leader Ted Suh in a statement.
By providing meaningful funding and creative support, our goal is for artists to feel empowered to continue to create and pursue careers in music,” Suh added.
Snap stated that starting in August, it would provide monthly grants of up to $100,000 to the best sound creators who distribute music on Snapchat via DistroKid and stimulate content creation on the platform.
Popular sounds will also have the option to be included in our Sounds product, in a Snapchat or Spotlight lens.
The company mentioned that artists must be U.S. based and over the age of 16, if any, and have parental consent.
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