When Bloomberg reported that Spotify would be upping the cost of its premium subscription from $9.99 to $10.99, and including 15 hours of audiobooks per month in the U.S., the change sounded like a win for songwriters and publishers. Higher subscription prices typically equate to a bump in U.S. mechanical royalties — but not this time.
By adding audiobooks into Spotify’s premium tier, the streaming service now claims it qualifies to pay a discounted “bundle” rate to songwriters for premium streams, given Spotify now has to pay licensing for both books and music from the same price tag — which will only be a dollar higher than when music was the only premium offering. Additionally, Spotify will reclassify its duo and family subscription plans as bundles as well.
I’m in a similar boat, but I never feel fully satisfied to release a song (probably cuz I am a hobbyist and I suck lol).
There’s never a better time to put yourself out there! I resisted it for twenty years. My most “successful” release is one of my least polished tracks. I recorded it just out of university on a Pentium with a stolen microphone, pirated software, a freebie guitar, and a ZOOM 505. It’s got 4 million listens and is responsible for half my income. By comparison, I’ve released stuff that I think sounds like it was professionally recorded in a studio that no one listens to.
It’s funny like that, isn’t it?
You catch lightning in a bottle in 5 minutes using Reaper, then spend 100x the time on another song that just vanishes.
Peaches most popular song was a tape recording off the sound desk in a German bar.
