IOTM Blog
Posted: Mar 12, 2024
Category: Music Streaming
make money spotify indie artists music streaming services fan engagement dying code media anti-social club object x
**Guest post written by Greg Fuhs, co-manager of indie label Dying Code Media and member of indie bands Anti-Social Club and Object X.
"As you may have heard, Spotify recently announced that it will no longer pay royalties for songs receiving less than 1,000 streams per year, instead redirecting those funds to artists with songs exceeding that threshold. The company claims this is to better support “emerging and professional artists” and estimates they will redistribute as much as $1 billion over five years. They also claim that small indie artists won’t miss this money – although I don’t think Spotify asked any of us about this..."