Spotify - to be listed you have to go through a third-party distributor, which is a pain. On this network I am quite literally nowhere. To be fair though, it is early days. Anyway, a cursory glance at other artists reveals an alarming disparity between myself and other bands. So, Ive done a mini study and something decidedly weird is afoot. Jean Luc Ponty for instance has 54,000 monthly listeners, 34k followers and most of his tracks have half a million or so plays. Ok, fair enough but, take a closer look at his fan-base, most of which are from South America - Santiago to be precise. Now, a few weeks back I boosted a Facebook page post and received 750 likes, all from Brazil, so l looked at other acts on Spotify and something quite interesting was revealed - even Pink Floyd's main listener base is South American, where? Well, Santiago of course, where else? I smell a rat.
Further, Ive been drilling-down into some of those numbers - do I sound like an important executive yet? Anyway, the numbers are as you might expect, not exactly encouraging. Certainly not good for a nowhere boy like me. To start with, an artist is purported to get abt £4 per thousand streams. That means to recoup my recent £40 ad splurge on Facebook I'll need 10,000 streams. Only 9,500 to go then...worth noting it's taken me abt 4 weeks to get those 500 plays and has earnt me £2. Actually the news is grim - Spotify are only paying me £1.17 per 1000 streams. I have asked my distributor Ditto Music to explain but they remain silent on the issue.
In conclusion, Spotify is basically a cartel, a protection racket configured to heavily favour big multi-national publishers - not unlike the BBC, which is tax-payer funded. Sure, you can advertise - they've launched Ad Studio but there's a catch - you need to be VAT registered - I don't personally know any VAT registered musos, most live hand-to-mouth. In any case, to justify the kind of expenditure suggested you would need literally tens of millions of streams. Take the recent spat between Peter Frampton and Spotify. Apparently, 55 million streams of 'Baby I Love Your Way' he only got $1700. I worked out that for me to make 1700 on Spotify I would need approx 1.1m streams - so although signed acts are paid a higher rate, they fair much worse. That is because they have to share the royalty with the record company, the publisher, and any co-writers.
Ditto Music have now told me that depending on the territory the average royalty rate from Spotify is abt £3.00 per 1k streams - not sure how they determine that when my own rate paid through them is in fact much less. The problem is that you hear wildly different accounts. Digital Music News DMN reported that a “successful indie artist” who owns 100% of his publishing and masters reportedly made “€3,765.01, or $4,432.58” on a million streams. Don't tell Peter Frampton, or me for that matter. They must be attracting those elusive Sultan of Brunei streams?
So, do cheats prosper? Answer, it depends. Yes, you can buy followers. plays, monthly listeners etc. but the cost is prohibitive e.g. £4.99 for 1000 streams when the royalty is only £1.17 per thousand. The reality is that it's simply not profitable for the musician whether he/she be signed or not. They offer "organic" promotion = bollocks. They offer "viral promotion" = is it f**k. As for "genre specific playlists" truth is your stuff is mixed with a plethora of explicit material, and not only that; once Spotify get wind of it you'll either get banned or removed from their algorithmic system - meaning that you will languish in obscurity forever.
If you can find a promoter to get you 1k genuine streams for £0.50p, you'll be in the zone - good luck with that. Alternatively you could spend several lifetimes networking on social media, begging people to play your stuff - good luck with that too. There's always Facebook ads, a great facility, has some really good tools for targeting specific people in any given location. However, I reckon it would be easier to sell one-way tickets to the Dignitas clinic than get them to migrate from one platform to another.
The fact is that promoting your own music online is thoroughly soul destroying and that is exactly what the big publishers want - indie musos losing the will to live and a cartel protection racket rigged in their favour.
Tootle-pip
Higgs