Spotify has just announced a new feature enabling independent artists to upload their music directly to the streaming site, without needing a record label or digital aggregator. Until now unsigned artists had to pay a fee to a third-party service who would upload their music. Now, uploading music will be completely free.
Unlike SoundCloud, where songs are made instantly available, artists will be in full control of their music in advance of its official release date. Artists will be able to schedule release dates, upload music, accompanying artwork, and any additional information.
Similarly to releasing music through any other partners, artists will be paid when fans stream their tracks. Each month recording royalties will automatically hit the artist’s bank, and they will receive a report of how much the streams are earning them.