Now that Spotify has a stock exchange listing, the company is considering changing its free offer. Especially users who listen to their iPhone would get it easier.
More Options For Free Spotify Accounts
Free accounts from Spotify will receive more options in the future, as reported by the generally reliable Bloomberg . Because the company is now present at the fair, the company wants to attract more paying users. The free version will be addressed for this purpose, to make it more attractive to new users.
The changes are mainly related to how quickly you get to your favorite music. Especially in the Spotify app it is easier to find your favorite playlists, you also get more control over which songs you can listen to. In this way it becomes less frustrating to use a free account.
Spotify will make a big announcement on 24 April, which many members of the press have been invited to attend. Earlier rumors spoke of a smart speaker with its own voice-controlled assistant, so there is a chance that it will be announced during that event. So there may be a renewed free Spotify account.
At the time of writing you can use Spotify without paying for a Premium subscription. You can listen to songs, but in between you hear advertisements. On your iPhone you can also listen for free with the Spotify app, but only in shuffle mode. You also run into restrictions regarding the music offer: for some songs you must have Premium.
Payments Still Lower Than Competitors
From a visualization of Information is Beautiful that appeared today, it appears that Spotify still pays less to artists than Apple and Google do with their services. Each time a song is played, an artist gets $ 0,0044 on Spotify, while that amount is 0.0074 and 0,0068 sharply higher with Apple Music and Google Play Music, respectively.
To earn approximately the minimum wage on Spotify, a song has to be played 366,000 times. Whether that amount increases now that Spotify has a stock exchange listing is not clear. A number of large record labels are shareholders at Spotify, which means that they are entitled to a share of the profit.