We know that there are usually many more people involved in the creation of your favorite song than just the artist whose face appears on the billboard. We celebrate those songwriters and producers through our Secret Genius program, and we help listeners discover their work with song credits on desktop and mobile. Today, we’re continuing that support by introducing a brand new tool for the publishing community. Spotify Publishing Analytics is the first analytics tool from a music streaming service built specifically for publishers, so they can better serve their songwriters.
“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.”
We developed this platform in close collaboration with a range of publishers to offer value to all of the roles that publishers play, from A&R to administration. Spotify Publishing Analytics 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.
“Reservoir was happy to jump on board as one of the first music publishers to help shape the new Spotify Publishing Analytics tool,” said Rich Scott DePerto, Director of Royalties & Copyright Administration, Reservoir. “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.”
“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,” said Patrick Joest, EVP Global Content Partnerships & Synch, BMG.
Right now we’re focused on providing publishers with this valuable data—Spotify Publishing Analytics won’t change anything about how publishing royalties are accounted or paid. Spotify Publishing Analytics launches today in beta, and interested publishers can visit Publishers.Spotify.com to learn how they can get started.