Spotify has launched a new publishing analytics platform in beta, specifically for music publishers.
The ‘Spotify Publishing Analytics’ platform will give publishers daily streaming statistics for the works and recordings they have identified, including playlist performance, as well as the ability to view data for each of the songwriters on their roster.
Spotify says that the new platform won’t change the way publishing royalties are currently accounted or paid.
Interested publishers can visit to learn how they can get started.
“One of our core missions at Spotify is to enable creators the opportunity to live off their art,” said Jules Parker, Head of Publishing Relations & Services, EMEA and APAC, Spotify.
“The publishing community is integral in supporting the songwriters that create the music we love.
“With more information, publishers are empowered to make the most of the opportunities the global reach of Spotify provides, and the more information we can share with each other, the more opportunities we can help create for songwriters.”
Rich Scott DePerto, Director of Royalties & Copyright Administration, Reservoir added: “Reservoir was happy to jump on board as one of the first music publishers to help shape the new Spotify Publishing Analytics tool.
“Access to daily global analytics for the leading DSP allows us to better track our catalog’s performance and gives us valuable insight that we can use to make more informed business decisions in supporting our songwriters.”
Patrick Joest, EVP Global Content Partnerships & Synch, BMG said: “Armed with this level of streaming data, directly from Spotify, music publishers can gain insights into new opportunities for their songwriters, more efficiently collect royalties on their behalf, and more effectively market their works.
“Spotify has been a collaborative partner in the creation of this new product, and we are looking forward to further collaborating and contributing to its development and easy accessibility of data to the publishing community.”
Commenting on the move, Alex-El Nemer, director of Nexus looked at impact this new analytics tool will have in shifting power to, and protecting the rights of publishers and artists.
“The introduction of Spotify’s new analytics offering signals a shift in power, giving publishers and artists access to important statistical insights into the performance of their work,” El-Nemer said. “Moving forward, it is important that all online streaming platforms recognise the urgent need for providing this level of accessibility to the people responsible for creating the product.
“In the US, the recent Music Modernization Act will go some way towards extending digital rights, including the ability to secure payment for downloads, but much more needs to be done.
The fact remains that many music artists and publishers around the world are not getting fair renumeration for their hard work, something which technologies like blockchain and cryptocurrency can solve instantly, with full accountability. It’s time for music streaming services and sites to look again at how they can benefit users, ensuring the rights of artists are protected at all times.”
