The King of music streaming
Spotify to allow artists to upload for free
The King of music streaming services, Spotify, is beginning to open uploading to artists directly – and they’re doing it for free. At the moment, the feature is an invite-only beta for users of its Spotify For Artists platform. Roughly 200,000 artists are counted in the platform at this time.
Music Business Worldwide makes the necessary comparison to SoundCloud, which has reigned king of the hill in user-uploaded musical content. Now that the streaming site is offering the same service, and for free, to a larger audience with more possible upward mobility and playlisting opportunities, SoundCloud could find it necessary to reduce the price of its Premium tier or even reinvent their platform entirely.
A post on this blog goes into further detail regarding the new move:
“Just like releasing through any other partner, you’ll get paid when fans stream your music on Spotify. Your recording royalties will hit your bank account automatically each month, and you’ll see a clear report of how much your streams are earning right next to the other insights you already get from Spotify for Artists. Uploading is free to all artists, and we don’t charge you any fees or commissions no matter how frequently you release music.”
This is sure to be massive for independent artists once the portal is expanded and available to more users.
Discover the songwriters and producers behind your favorite songs, now on Spotify for iOS. #SecretGenius pic.twitter.com/1HZbAk5ZwM
— Spotify (@Spotify) September 14, 2018
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