If you are a content creator and you are interested in monetizing your podcasts or video podcasts, the Spotify Partner Program may be exactly what you are looking for. This program is designed to offer Various ways to generate income through the music streaming platform, but to participate certain conditions must be met specific requirements. Come on, I'm telling you right now that this program, in the beginning, It is only available for four English-speaking countries.
Below, we tell you absolutely everything, from how to apply for the Spotify Partner Program to the details on how to set up your account to receive payments. So if you've ever wondered how to turn your passion into sustainable income, keep reading.
What is the Spotify Partner Program?
Every day is easier Find entertaining podcasts on Spotify and because of this Spotify has launched an affiliate program with which to obtain income for our content. It is the Spotify Partner Program, a monetization program that allows creators to earn income through different sources, depending on the type of content they publish and the audiences that consume it.
Is available in selected markets and it is exclusive for those creators who meet certain requirements eligibility criteriaIncome options include:
- Ad revenue: Monetize your content with targeted ads that Spotify inserts into segments you pre-defined.
- Video Revenue in Premium: If you produce video content, you can earn money based on streams from Spotify Premium users.
Once accepted into the program, Spotify will review periodically your account to ensure that you remain in compliance with our monetization policies.
Requirements to be part of the Spotify Partner Program
Before applying, it is important that Check if your content meets the minimum eligibility requirements. Some of the criteria you should take into account are:
- Having an valid address in one of the eligible markets (Australia, Canada, United States, United Kingdom).
- Have published at least 12 episodes.
- Register a minimum of 10,000 hours of consumption on Spotify in the last 30 days.
- Having reached at least 2,000 unique listeners in the last 30 days.
Remember, these requirements may change over time, so it is important to always check the updated conditions in the Monetization section of Spotify for Creators.
Income options in the program
Ad revenue: When you include ad segments in your content, Spotify can serve targeted ads, both on and off its platform. You'll get the 50% from the revenue generated by these ads, as long as they comply with their policies.
Video Revenue in Premium: This option is available for episodes in video format and has specific criteria. For example, you must insert at least one ad segment on each episode to qualify for Premium revenue.
It is important to note that the eligible markets for this type of revenue currently includes the United States, Canada, the United Kingdom and Australia. However, Spotify plans to expand this functionality to other markets in the future.
Steps to apply
Accessing the program is relatively easy if you meet the requirements. Here are the basic steps:
- Access the Monetization section in Spotify for Creators.
- Check your eligibility through the tools provided.
- If you are eligible, click on Apply now and accept the terms of the program.
- Please wait for your request to be reviewed. Spotify will evaluate your content to ensure it complies with their guidelines.
It is crucial to set up your account Payments via Spotify Payouts once you are accepted. You will not be able to receive income until this step is complete.
Setting up Spotify Payouts
Spotify Payouts is the system that allows creators to receive payments. Setting it up is mandatory and easy if you follow these steps:
- Access the Monetization tab in Spotify for Creators.
- Choose Spotify Payouts and complete the required information, including tax data.
- Confirm the details and save the settings.
Please note that you will need to provide valid tax documentation, such as Form W-9 for US creators or Form W-8 for those outside the US (beware of phishing scams related to this Form W-8). This helps determine the appropriate tax withholding, which can vary between the 0% and 30%.
Additionally, you can choose to register as company or as Physical personThe main difference lies in the tax implications, although the payment frequency is the same for both options.
Keys to maintaining your eligibility
Once inside the program, you must follow certain standards to remain eligible. These include: publish at least one episode every six months and generate a minimum of $10 in revenue in that periodOtherwise, you may lose your place in the Spotify Partner Program.
El Spotify Partner Program opens many doors for creators looking to monetize their content effectively. With platforms like Spotify for Creators, it is not only possible to reach a wider audience, but also Earn money while sharing your content.
If you meet the requirements and follow the steps described, You can turn your ideas and programs into a sustainable income, taking advantage of one of the largest platforms in the world.
