52,600 artists of the total 8 million artists residing on the platform generated more than $10,000 from Spotify in 2021, which puts the total royalty picture in perspective.
In 2021, the three major record labels - Sony, Universal and Warner - earning $12.5 billion from streaming recorded revenue alone, with Spotify payments making around a third of that streaming total. In other Spotify news, the streaming platform announced that it paid out a record $7 billion in royalties in 2021, up from 2020’s $5 billion. The feature launched with custom playlist cover art so users can distinguish between playlists, taste match scores, and shareable cards. The feature first launched in August 2021 after being beta tested in June and uses Spotify’s personalisation capabilities and collaborative playlist functionality. The Blend playlist feature is available for both free and premium Spotify users. Additionally, Spotify will generate a sharecard that shows their listening preferences in relation to the artist, as well as songs both the user and artist mutually enjoy. They can create a playlist of their favourite tracks, and you can add yours to see what your blended playlist would look like.The artist playlists for Blend will work similarly, and currently features 20 artist playlists for users to Blend with, including K-pop sensations BTS, AB6IX, Charli XCX, Kacey Musgraves, Lauv, Megan Thee Stallion and Diplo. This feature has been extended to some artists too.
It doesn’t just cover friends and family though. You share your favourite tracks, they share theirs and Spotify does the rest. You might find out you have more in common with other people than you think. Their aim is to bring people together through music. You never know, you could find some really fantastic music you’d have never thought to try out before. See what they suggest from 10 people’s different music tastes. You can all contribute by adding your favourite tracks and let Spotify work its magic.
From your younger cousin who loves the charts, to your Dad who swears they don’t make music like they did back in his day. Why not be a family who do a blended playlist instead? Get everyone involved. Instead of just one person, you will now be able to created blended playlists with up to 10 people. However, now, they have taken this further. You’d be able to combine music preferences and Spotify would source songs they feel would suit both of your tastes. Before you could use this tool to create blended playlists with one friend. Spotify have expanded their Blend features.
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