Spotify just announced their new Promotional Recording Royalty Rate which allows artists to choose to make even less money per stream in hopes of Spotify promoting their music with no actual guarantees of them ever promoting it. Some are screaming that this is digital payola or pay for play and others are praising the roll out of the new feature as much needed progress. Spotify calls it an experiment, but what does this mean for you and how you market and promote your music? Will it make it even harder or be helpful? In this video I break down my views on how this will affect us as creators and the industry as a whole. Want to work with me one-on-one? Apply for a free call now at: https://ift.tt/2WnP5VA ►► Get 7% off DistroKid when you signup through my custom link → https://ift.tt/2HAaiob Get an AudioBook for FREE Here: https://ift.tt/2PUOUeO Spotify Article Referenced: https://ift.tt/2JytHZH Learn more at http://www.adamivy.com Follow me and hit me up: Instagram: https://ift.tt/2NzDj2U Twitter: http://twitter.com/AdamIvy SnapChat: @AdamIvy Facebook: https://ift.tt/24BGEBv Website: http://adamivy.com Serious Inquiries: teamadamivy@gmail.com #Spotify #SpotifyPromo #MusicMarketing Source
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