History Of Spotify
It is important to understand how Spotify works and where it is going in the future. To fully grasp Spotify, you have to know its history. You see, Spotify was developed by a Swedish company back in 2008. The company wanted a way for music to be freely accessible to everyone. A group of people began a long journey to bring you the app we know and love today. It may be shocking, but the company wasn’t profitable until just recently due to legalities that it has overcome.
Before Spotify came on the scene, people would have to wait to hear their favorite songs on the radio. Or fork over money for the entire CD to get that one song they wanted. With the introduction of streaming, a person could pick the song they wanted and begin listening right then without waiting. This of course drew thousands of people to the app. Never before was there a music company that allowed music to flow freely. This of course caused serious issues in the music industry. There was a major tiff between the streaming company and musicians who believed they were being cheated.
You see, unlike buying a physical copy of the album, or download the song for $1.50 or more, once the song was purchase musicians were paid but only a fixed price that they had negotiated with their labels. With Spotify entering the ring, the musicians are paid royalties based on the number of times the artist’s song is streamed.
It is important to know that about 70% of the total revenue that Spotify gets is distributed to the shareholders, or record labels, and then those funds are then given to the artists. The artist’s share based on the musicians individual contracts. In 2017, Spotify renegotiated the contracts to ensure artists were compensated accordingly. This, of course, was after the riff between country star Taylor Swift complaining that Spotify wasn’t offering enough to the creators.
How Spotify Works
Technically, Spotify works as a “freemium” operation. Basically this means that Spotify offers a free membership and a paid membership. The paid subscription offers perks that include ad-free music, the ability to download music to listen to offline, and other things that make it worth getting. The free account is limited not only by the number of songs one can keep in their library, but also don’t have access to the “premium” membership features.
Musicians and Revenue
The money Spotify gets from its subscription services and ad placements from 3rd parties is then broken down and a portion of that revenue goes to the artists. The revenue an artist gets is based on a per-play and is usually compensated $.006 and $.0084. So if one person plays the same song over and over, the artist gets compensated each time the track plays. With millions of people listening to music at any given time, there is no doubt the artists are still making money.
But Spotify is more than just a place to get music from famous artists. In 2017, the company launched a new program that spotlights up-and-coming artists. This means, anyone trying to make a break for the music industry has the opportunity to make some new fans through Spotify. By uploading their tracks, new artists can then promote their music to other listeners. This allows producers and musicians to reach more people in the hopes of landing a dream job or even revenue with Spotify.
Understanding of Spotify Premium Apk:
You ran the risk of buying an album, only to bring it home and it was nothing what you expected. Not only was money wasted, but so was the day.
Luckily those days are long gone. No longer do you have to wait for your favorite music. Today you don’t have to go to the store to purchase the latest CD from your favorite band. Nor do you have to collect the CD’s that take up too much space in your home. In this day and age everything is digital, including music. Now your favorite tunes are just a click away. Now you can go to several sites that allow you to stream your favorite music anytime, anywhere, and on any devise.
But those platforms that give you unlimited songs, cost something. Either your time, by having to listen to ads that interrupt your music, or money because you have to purchase a membership plan. The companies that allow streaming will charge you a monthly subscription to get your music without ads. But there has to be a better way. A way for both worlds to live harmoniously and luckily for you there is.
Spotify is the world’s leading streaming platform. This platform offers its users more than 40 million songs to choose from and even more due to users uploading their own music. Spotify is the only music platform you will ever need or want. But like many other platforms, Spotify charges a monthly fee. So is there a way around this? Can you get Spotify premium for free? The answer to that question is a resounding yes. Yes, you can get Spotify premium free and in this article, you will find out how to get Spotify legally by either download the app or by the alternative methods that all you to download Spotify on any device. So matter how you listen to your music, it will be as it should be. Ad free and at your fingertips.
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