Hip-hop rapper Snoop Dogg has left Spotify to associate with Tune.FM, a music streaming service that runs on blockchain. He introduced this alongside his new single, Spaceship Get together, ” and brazenly criticized Spotify for its low artist funds.
The rapper mentioned he plans to shift “extra of his music, together with Demise Row Information songs, to the platform.
“I don’t f** with Spotify anymore, I’m solely on Tune.FM.” He publicly mentioned in a remark to Billboard.
His frustration with Spotify began after he discovered how little he was making from streaming. Throughout an interview with Enterprise Untitled podcast, he said:
“They simply despatched me some s**t from Spotify the place I received a billion streams. My writer hit me. I mentioned, ‘Break that down, how a lot cash is that?’ That s**t wasn’t even $45,000.”
In the meantime, Spotify denied this declare, saying artists with a billion streams often make thousands and thousands. A spokesperson told TMZ Hip Hop, “It’s unlucky to listen to that Spotify’s funds didn’t make it by way of to Snoop.”
Snoop Dogg has been shifting away from conventional platforms for some time. He purchased Demise Row Information in 2022 and pulled a few of its music from Spotify and Apple Music. He beforehand mentioned, “Demise Row can be an NFT label, we can be placing out artists by way of the metaverse and a complete ‘nother chain of music.” Final 12 months, the rapper partnered with TikTok’s unbiased distribution platform, SoundOn, to launch Demise Row’s catalog completely.
Tune.FM claims to be completely different from mainstream streaming companies. It pays artists immediately utilizing its cryptocurrency, JAM.
The CEO, Andrew Antar, who met Snoop at a Crypto Ball occasion earlier than Donald Trump’s inauguration, mentioned, “Snoop is the OG pioneer who’s at all times on the chopping fringe of know-how and new methods of doing enterprise.” The platform says artists obtain 90% of their earnings, in comparison with Spotify’s mannequin, the place funds undergo labels and publishers.
Briefly, the partnership isn’t nearly music. It can additionally provide unique fan experiences, giveaways, and NFT collectibles. Tune.FM raised $50 million last 12 months and confirmed that it’s in discussions with main labels like Common Music Group and Sony Music to convey extra artists on board.
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