Spotify has shuttered its fund for live audio creators less than a year after the funding program was first unveiled.
But the creator fund never ultimately launched last summer, as Spotify said it would at the time, and a Spotify spokesperson said on Tuesday that the funding will be shifted toward “other initiatives for live creators.” The spokesperson declined to share how much money had been allocated toward the creator fund.
The end of the creator fund comes as Spotify is making another attempt at its live audio offerings with host Alex Cooper and comedian Hasan Minhaj, and by adding select live programming to the main Spotify app, rather than relegating live shows to the standalone Spotify Live app.
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