One of the most used forms of free, digital distribution is streaming platforms such as Spotify and Soundcloud. These platforms tend to be used a lot as they are free to use and you can easily upload to them, however, the monetary returns tend to either be minuscule or non-existent.
Pros of Spotify:
- Free to upload music to the platform and can upload entire discography of a band with ease.
- Can reach a large user base (40 Million paid subscribers).
- Can make money for every listen of a song.
- User controlled platform – no middle man (production company/Publisher).
- Music streaming counts towards chart positioning.
- Can link social media accounts and if someone you know is listening to a song, you can then click a link straight to that song.
Pros of Soundcloud:
- Free platform – no subscriptions required to listen to music.
- Free to upload any type of audio (podcast/music…).
- Easily shareable – Create a link and post it to social media – has an embeddable media player.
- Very simple user-interface – doesn’t turn people off.
Cons of Streaming Platforms:
- The amount of money you gain via a single play is usually only $0.0084 (Spotify) – and Soundcloud will not pay out anything.
- Not equivalent to sales of a CD.
- You have to let people know that you are on these platforms for them to even start listening to your music.
- The platforms are incredibly saturated with content that it can be hard to cut through and stand out.
I will be uploading the band’s EP to both of these platforms, purely because it gives them a rather large user base to sell their music too. I am aware that this is not a long term, money making idea as the gains from the online platforms are very small, however, it gets their music out there for free and will allow many people to listen to their music without them having to buy it prior.
http://www.theverge.com/2015/12/7/9861372/spotify-year-in-review-artist-payment-royalties
https://i.guim.co.uk/img/static/sys-images/Guardian/Pix/pictures/2015/4/10/1428667990141/GUARDIAN_Musicians_2015_09_FB_(2).png?w=1920&q=55&auto=format&usm=12&fit=max&s=890d2de699d4fb0f0da17aac4ae16bbd