Spotify has announced some BIG news this week.
The streaming giant plans to introduce a threshold dictating that artists have a minimum number of annual streams before royalties are generated.
While this will act as a gatekeeper and discourage ’hobbyists’ and fraud, it’s likely to have a significant impact on smaller and emerging artists.
Today we’ll explore how these policy changes will affect you. Let us know your thoughts in the comments below!
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👇 ABOUT ME:
Hey! I’m Damian Keyes and I’ve worked with musicians every day of my life for the past 20 years. The internet is deeply untrusting understandably and here is my background so you can have the full picture.
When I was 18, I was signed to a major label (dropped 6 months later) and at 23 I co-founded a Music University in Europe called BIMM (valued at $300M). I’m also a bass player, I’ve played for a number of artists including Eric Clapton, Alanis Morrisette and Billy Cobham. I initially retired at 30, but realised that life gets boring if you’re not building!
I have always been in-between the music industry and education which is how I ended up building my YouTube channel - I’ve been teaching artists how to release music long before it was a ‘niche’! I now educate artists around the world with my Academy, YouTube channel and I work directly with labels internationally alongside owning a live agency and management company.
It’s great to meet you and looking forward to working together on your music!
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