Music platforms: streaming, download and make money through your music
The way we all listen to music today has transformed. We have shifted from CDs to digital & streaming music services on our computers, smartphones, and tablets. Let’s make it clear how your label earns from streaming, downloading and monetization.
Music Streaming
Music streaming services let you access tons of songs by paying a monthly subscription fee. So, you do not need to purchase separate albums or songs. Some of the music streaming platforms that offer streaming services are Amazon Music Unlimited, Spotify, Tidal, YouTube Music, and Apple Music. These music streaming platforms let you store songs to listen offline as well.
As label you get a royalty for every single stream/play longer than 60 seconds.
Music Downloading
Downloading music is the online transfer of particular music using the Internet into any device that can decode it well and play it like an MP3 player, personal computer, smartphone, or media player.
Google, iTunes, and Beatport help you download music by paying an amount.
As label you get a royalty for every single paid download.
Music Monetization
It is the process that helps utilize the music content to generate revenue by posting it over the internet. Some popular streaming sites like SoundCloud and YouTube provide the right platform for music content owners to earn profit by putting paid advertisements on their websites. YouTube can help you monetize any video that utilizes your music and not just videos present in your channel.
When someone utilizes any one of your songs in their video, YouTube can ID your song, put an advertisement on the video and forward some share of revenue generated by any advertisement through your video to you.
On YouTube as label you get a royalty for every single view if the channel has 1000 subscribers and more than 4,000 valid public watch hours in the last 12 months.
