{"id":98991,"date":"2024-02-29T13:00:00","date_gmt":"2024-02-29T13:00:00","guid":{"rendered":"https:\/\/routenote.com\/blog\/?p=98991"},"modified":"2024-02-29T11:39:20","modified_gmt":"2024-02-29T11:39:20","slug":"independent-music-reigns-taking-half-of-spotify-payouts","status":"publish","type":"post","link":"https:\/\/routenote.com\/blog\/independent-music-reigns-taking-half-of-spotify-payouts\/","title":{"rendered":"Independent music reigns taking half of Spotify payouts"},"content":{"rendered":"\n

Image credit: Jackson Simmer<\/a><\/em><\/p>\n\n\n\n

Independent artists and labels are taking the throne away from major labels, accounting for half Spotify’s streaming revenue paid last year.<\/span><\/h2>\n\n\n\n

For a long time, major labels have held a stranglehold over the industry and its artists. It wasn’t so long ago that your chances of having a hit without major label recognition was next to zero. Thanks to streaming, things have changed – and in a big way!<\/p>\n\n\n\n

Last week, Spotify<\/a> revealed that they had paid out a whopping $9 billion to the music industry<\/a> last year. Now we know that $4.5 billion of that went to independent artists and labels – yep, that’s half! Spotify revealed that this broke records across the industry as “the highest amount indies have ever generated from a single retailer in one year”.<\/p>\n\n\n\n

This is huge news for independents, who have fought to take the industry into their own hands. We’re proud to have been part of the journey at RouteNote, offering free music distribution to Spotify and beyond, empowering artists with the ability to lead their own music journey. Thanks to globally available platforms like Spotify and services like ours, independent musicians have managed to take away the corporate grip on music.<\/p>\n\n\n\n

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