Recently, Spotify issued a rejoinder to Snoop Dogg's assertion that he had garnered a meager $45,000 from a staggering billion streams. Earlier today, Snoop Dogg revealed his intention to relocate his entire music repertoire to Tune.FM, an innovative streaming platform leveraging blockchain technology to empower artists with greater control over their earnings. In the process, he took a swipe at Spotify, making it abundantly clear that he has fully embraced the Web3 platform. "I'm done with Spotify. I'm solely on Tune.FM now," he declared to Billboard after the announcement.
His freshly released single, "Spaceship Party," marks his inaugural project on Tune.FM. Reports indicate that he plans to transfer the rest of his catalog to the platform as well. "We are absolutely delighted to welcome Snoop Dogg as the face of Tune.FM," enthused Andrew Antar, the founder, and CEO of Tune.FM. "Snoop is the quintessential pioneer who is perpetually at the forefront of technology and novel business ventures. He gets it completely, and we are poised to conquer the world together."
The news of Snoop's shift to Tune.FM comes just over a year after he revealed that he had earned a surprisingly paltry sum from a billion Spotify streams. "They just sent me some stuff from Spotify, stating I had a billion streams," he began on the Business Untitled podcast. "My publisher contacted me. I asked, 'Break it down for me, how much money is that?' And that paltry amount wasn't even $45,000."
However, Spotify has pushed back against Snoop's claims in a recent conversation with TMZ Hip Hop. "While we cannot comment on endorsement deals with Web3 companies, the notion of $45,000 for a billion streams is way off the mark," a spokesperson for the streaming giant stated. "It is well-documented that a billion streams on Spotify generate millions of dollars for rights holders. It's unfortunate to hear that Snoop didn't receive his fair share from Spotify. Snoop is a legend, and hopefully, now that he owns Death Row Records, he's seeing more of that money."
