Peloton Pays More Than Spotify or Apple Music
When it comes to streaming music, big names like Spotify and Apple Music are usually what most of us think about. However, it turns out Peloton, the company known for its fitness bikes and online workout classes, actually pays musicians more for their music than these popular music platforms.
How do these companies pay artists?
Musicians get paid every time you stream their song on platforms like Spotify, Apple Music, and Peloton. But not all platforms pay the same amount. According to recent reports, Peloton has been paying artists significantly more per stream compared to Spotify or Apple Music.
Peloton is becoming increasingly popular not only for its exercise equipment but also because of the quality music it offers in its workout classes. This music is a big part of what makes the workouts engaging and fun. As more people join Peloton classes, more music is played, and the artists who created the music receive more money.
What does this mean for indie artists?
This could be great news for indie music artists—those who aren't signed by big record labels. Getting their songs featured in fitness classes can be a fantastic way to reach new audiences who might not have heard their music otherwise. And with Peloton’s higher payouts, indie artists can earn more from their music being streamed during workouts than they might on other platforms.
So next time you're sweating it out in a Peloton class, remember that you're not just getting a good workout — you're also helping support musicians by listening to their tunes. It's a win-win situation!
In conclusion, while bigger platforms like Spotify and Apple Music are widely used, Peloton is making a significant impact by supporting artists through better payouts. For indie artists looking for new ways to share their music and perhaps earn more from it, Peloton could be a valuable platform to consider.