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Does spotify cost money monthly
Does spotify cost money monthly




does spotify cost money monthly

Now, a company the size of Spotify will generate A LOT of money over the course of a year. This money goes into a kitty and, is then allocated to artists based on how many streams their music gets, minus Spotify’s business costs – both fixed and variable. Spotify runs on membership fees, you sign up and pick an account type (as of right now there are several options). How Spotify Collects Money & Distributes It To Artists This many streams, based on Spotify’s 2019 payouts, would net you around $3 to $4 MAX, so enough for a large coffee. That’s pretty good, right? It is, especially for a generally unknown artist. But there are plenty of downsides Spotify payouts are not great – we’re talking less than what an artist would have made from CD sales back in the day.įor instance, say your new band managed to snag itself 1000 streams. On the one hand, it allows you to reach potentially millions of new fans every day. Spotify is an odd thing when viewed from the perspective of an artist. Spotify is the world’s #1 music streaming service but in order to make the big bucks on the platform, you need to be getting BILLIONS of streams a year…






Does spotify cost money monthly