In an article released today by Gizmodo UK band Uniform Motion talks about self-releasing their album only online. They go through the details of how much money they make from streaming plays on Spotify, Amazon MP3 and more as well as covering their profits from purchases of the album.  Remember, this album is not being released through a record so the band gets 100% of the return. When a label releases an album they cut into the band’s profit significantly.

Excerpt:

“With Spotify, we’ll get $0.0041/play. 

If you listen to the album all the way through, we’ll get $0.04.

If you listen to the album 10 times on Spotify, we’ll get $0.40.

If you listen to it a hundred times, we’ll get $4.05.

If you listen to the album 1,000 times (once a day for 3 years!) we’ll get $40.50!

If you use the free version of Spotify, it won’t cost you anything. Spotify will make money from ads. If you use any of the paid versions, we have no idea how they carve up the money. They only disclose this information to the Major record labels…”

Gizmodo’s article HERE

Original post HERE