Spotify’s Program Offers Artists Less Revenue for More Exposure
[ad_1] Spotify has expanded their Discovery Mode program to offer artists a chance to receive more exposure on their streaming platform in exchange for a lower royalty rate.Last Wednesday (March 8), Spotify announced their augmented program during their Stream On event. CEO Daniel EK described Discovery Mode as "an entirely new and updated Spotify experience."How Does Discovery Mode Work?Through the Spotify for Artists tool, artists and labels enter their primary songs into Discovery Mode and add them to the platform's algorithms that determine personalized listening sessions. Spotify will monitor how listeners are engaging with a particular song and provide a detailed analysis."While labels can continue to access Discovery Mode through our team,...