Follow our Indie Music Spotlight playlist on Spotify.
With many being critical of Spotify and their streaming rates, the bottom line is they are paying the most out of all the services selling indie music in a digital form. Many also do NOT realize that Spotify pays licensing fees to the Performing Rights Organizations so you get PAID TWICE for your streams. Once from Spotify and once from your PRO (BMI, ASCAP, SESAC).
A few {financial} quarters back was the first time I saw Spotify on my BMI statements; and it keeps showing up. YouTube is the only other service that shows up consistently with random appearances from iTunes, Xbox Music, and Deezer.
The two links below will give you insight into what we have learned at UL Sounds about the realities of streaming rates. Our COO, Michael, took the time to crunch 6 months worth of data and plans to continue analyzing numbers for the next 6 months to cover an entire year’s worth of streaming rate data.
For tips and tools related to Spotify, check out these links:
- How To Update Your Spotify Artist Profile
- How To Sell On Spotify: Merch, Experiences and More
- Request Access to Spotify Fan Insights
- How To Add Lyrics To Spotify Songs
