The music industry is changing at a very high speed because nowadays we are seeing many companies offering online streaming services to a large number of customers. Spotify and Apple music are those music streaming platforms which are being used by millions of people for listening to songs. However, in a recent report, it’s been found that many indie singers who had been struggling to make money have earned a considerable amount of money with the help of Spotify and Apple music.
There was a time when Apple music and Spotify got lots of criticism for paying very few amounts of money to indie singers. However, time has completely changed since the era of physical music sales have long gone. Indie singers who are listed on these platforms have doubled their earnings from the last few years. Currently, indie singers represent more than 40% of the entire music industry. These online music streaming companies are helping users to find some nontraditional and unpopular singers songs.
The reasons why Indie singers have doubled their shares is because of people’s interest in listening to online music. In a recent survey of more than 2000 independent music labels and bands, they had been asked about what they think about the future of the music industry. More than 80% of these musicians said that they are quite positive about it and they think people nowadays are more interested in listening to their music. Nowadays, the playlist has completely changed, and people like to listen to different types of music when they are streaming platform. The way AI changed is utterly fascinating; that’s why people stumble upon those artists who they have never heard before. There will be no denying in saying that streaming industry has been made for all the indie singers and band because it’s hugely helping them.
