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Spotify Royalties: Myth Vs Reality
Manage episode 374944095 series 2795087
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Spotify pays less than half a cent per stream, on average. That’s incredibly low…
What’s not understood about their payouts, though, is that “doubling the royalty” simply isn’t possible. Not without doubling pricing - which I’m in support of.
Listen now to learn why Spotify can’t just change their royalty payouts, and how you can use Spotify as intended - a powerful promotional tool for your music!
What you’ll learn:
- Why you’re wrong about Spotify
- Why musicians need Spotify
- The math behind a sale vs. the streams needed to break even
- The reason major artists get barely anything from Spotify
- Using Spotify as a free marketing tool
- How Spotify can increase royalty payouts
- Using Spotify to your advantage as an independent musician
- The problem with people who complain about Spotify royalties but won’t pay more
For full show notes, visit https://bandhive.rocks/195
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