How To Make More Money In Music Without Spotify

How To Make More Money In Music Without Spotify

Are you not making a lot of money from Spotify streams? While Spotify is AMAZING for consumers, most people agree that Spotify should be paying artists a lot more than 0.003 cents per stream.

Why Music Streaming Is Good

Regardless of low payout rates, music streaming is one of the best things to happen to music in the last decade. Music is more accessible than ever before, which means it's MUCH easier for you to get discovered than it was 20 years ago.

You can upload a song to Spotify and someone in a different country can find it, fall in love with it, and share it on social media or a playlist for more people to listen to. This was impossible for unsigned artists before music distribution became as accessible as it is now.

How To Make Money With Music

The trick to making money with music is building an audience and having multiple revenue streams. For example, if you build a decent-sized audience, many of them will be willing to pay to see you live. If you sell 200 concert tickets for $20 each, that's equal to $4,000 or about 1,000,000 Spotify streams. You also can sell merch, write music for other artists, or license your music for commercial use.

Basically, you can use Spotify as a tool to build an audience, and in addition to streaming revenue, you can sell other products and services related to your music and get paid a lot more than what you'd be making off of streams alone.

Any Questions?

Do you have any questions about other ways you can make money with your music other than Spotify streams? Let me know, and I'll be more than happy to help.