YouTube Music vs Spotify: Which One Is For Artists?

When considering how to make money with music, YouTube Music and Spotify can be important choices. In this article, we will take a closer look at the characteristics of each platform and which one is best for artists.

Features of YouTube Music

YouTube Music is a music streaming service provided by Google. Here are the main features:

• Free plan:Available for free by displaying ads
• Huge user base:Bringing music to users across the YouTube platform
• Integration of video content:Enjoy music videos and live videos in the same place
• Algorithms and Recommendations:Recommended features based on user viewing history

Features of Spotify

On the other hand, Spotify is widely known as a music and podcast streaming service. The following are the main features:

• Premium Plan:No ads, high sound quality, offline playback
• Platform Independent:Available independently of other Google services
• Diversity of playlists:Rich in official and user-generated playlists
• Music discovery function:Individual recommendation features such as Discover Weekly and Release Radar

Benefits and profitability for artists

Now, how can artists make money with YouTube Music or Spotify? Let's compare the revenue models and benefits of each platform.

Revenue on YouTube Music

Artists can earn money through YouTube Music in the following ways:

• Advertising revenue:Revenue generated from advertising for free users
• Channel Membership:Income from fan subscriptions
• Super Chat and Super Stickers:Tipping system during live streaming

While YouTube Music offers a variety of revenue streams, it is highly influenced by user viewing trends. It is characterized by the fact that popular content is easy to generate revenue.

Revenue on Spotify

Spotify adopts a subscription-based revenue model. Artists can earn money in the following ways:

• Streaming revenue:Revenue generated for each track played
• Spotify for Artists:Possible promotion utilizing views and listener analysis data
• Spotify Playlist:Being on the official playlist increases the number of views and leads to revenue

While Spotify provides a stable revenue stream, it is highly competitive and it is important to devise ways to increase the number of views. The subscription-based model is very advantageous for artists with a specific fan base.

Summary

Both platforms have their own advantages, but the platform that artists should choose depends on their goals and style. Artists who create a lot of video content may be better suited to YouTube Music. On the other hand, Spotify is the best choice for artists who want to get more music plays.

Ultimately, to make money with music, it s important to have a strategy that works with both platforms. With a music distribution platform like SoundOn, you can distribute your music to various streaming services, including YouTube Music and Spotify, and build a broad fan base.SoundOnRegister as an artist and take it to the next level.