How To Make Money From Spotify? [Learn How To Make Fortune In Music!]

Simply because Spotify has the most extensive media streaming, it is evident that the artist could struggle to compete against hundreds of thousands of artists in a particular genre of music.

In total, there are 20 million songs, including audiobooks, comedy, radio dramas, podcasts, poetry, and speeches. According to PCMag, [Spotify] is a highly competitive streaming music space with gains and loses services every few years.

Out of all the rants from dissatisfied customers (non-musician) online, I had to include this concern because this might also affect the artist's status when it comes to communicating the state of his or her music playing across different playlists and audiences.

“If I could give zero stars I would. This company has what can only be classified as the worst customer service department on earth...I emailed Spotify about songs being skipped in [the] queue, Spotify customer service then proceeded to cancel my premium family account and disabled access,” Thomas, one of the dissatisfied users, wrote.

There is a splurge of technical issues for most of its users I've seen on the forums. Notably, the sudden stop of the music in between, although the user has not touched the application nor the device itself.

As a result, it could lead the users to cancel the membership as well as to stop the music playing, affecting the artist's streaming.

Most of the users on the Better Business Bureau (BBB) have problems with Spotify because of their inability to cancel the monthly subscription after upgrading to a Premium Plan.

Others found out that the company canceled their accounts without notice. Because of that, they left their accounts and promised not to use the “crappy” application again. 

“Billing issues seem to be a prevailing theme with this company, and they do not seem to have any improvement. I have had more than one negative experience with their billing practices and encourage others to be cautious. There is a lack of transparency and very difficult to try and communicate with them when there are issues,” a rant from a dissatisfied user named Shannon.

Both from a record label and from an independent artist, Spotify provided an enormous streaming line for its stakeholders, which plays a vital role in the music industry.

The fact that there are millions of subscribers around the world, in 7 continents, it’s easier for an artist to spread his music to its audiences. On top of that, the application is easy-to-use and is available for mobile devices, PC and/or laptops. 

From the perspective of a musician, having Spotify as a channel made available for streaming purposes is already a great deal.

There might be inevitable problems mainly on the technical side of things, but there’s no doubt it pays out artists worth 10% of the streaming shares. That fact is proof that you can make money with your songs and music, in general.

Like what was stated earlier, the executives thoroughly explained how Spotify payment works and where does the money come from.

Based on the circumstances between the artist, the aggregator, and Spotify per se, various payment options are depending on the agreement in the parties. Frequently, it follows a direct 10% share for royalties. 

From an indie perspective, it’s easier to distribute the music he created to vast audiences across the globe.

There’s no need to spend a lot for CDs or whatever actual means to spread the music or for demo purposes because of Spotify like how it was 10 years ago.

Most newly discovered artists are from these platforms. YouTube is another alternative. But aside from that, Spotify has been the leading option for independent artists to aid them in sharing their music. 

“Great way to discover new music from playlists,” a satisfied Spotify subscriber from Wisconsin wrote on the forum. It’s true.

Spotify has been one of the most popular options both listeners and music creators and has become part of the culture in the music industry. 

Not only in the realm of music, but it also calls the alternative for podcasters to maximize the platform for the sake of spreading their topic or niche across millions of subscribers around the world.

I have been a Spotify Premium user for years, and there have been no reported disappointments on my end so far. Hence, I truly believe that there is a lot of opportunities in the platform in 2 ways.

For a music creator, especially those who are working independently without a record label backing up, it’s making their music creation easier in terms of its distribution and cheaper. It’s obvious.

Spotify provides that substitute for tangible expenses like CDs, pieces of vinyl, among others. They simply create music and upload for curators’ review and add it on playlists with its specific genre. Simple. 

At the same time, they earn 10% of the streaming shares while they continue making music. That’s all that it takes.

“Simply put, Spotify is an Editor's Choice-winning streaming music service, whether you're listening on your desktop or a mobile device,” Jeffrey Wilson of PCMag mentioned.