🎵 Side hustles & the streaming economy
Side hustles offer endless models for independent workers to earn but creative workers are often bound to the platforms where their audiences live.
Side Hustle Stack Sponsor 🤝
StartPack (YC S20) is a “Business-in-a-Box” for US and non-US creators. We take care of everything creators need to form an LLC, set up their bank account, accept payments, and manage ongoing compliance and tax filings.
If US company formation, banking, payments, and taxes are confusing don't worry you're not alone! Let StartPack handle all of this for you so you can focus on what you do best: creating and building your business
Launch your US LLC today and get a $50 discount exclusively through Side Hustle Stack.
🎵 On side hustles & the streaming economy
Side hustles offer endless models for independent workers to earn (gig workers, creators, freelancers, resellers, renters, etc.) but creative workers are often bound to the platforms where their audiences live.
For musicians, that platform is Spotify (at 40% market share) and many artists are unhappy: the Union of Musicians and Allied Workers (UMAW) recently launched a campaign against Spotify, petitioning for greater artist payouts and increased transparency from the streaming giant, among other demands.
On Thursday, Spotify launched Loud&Clear, a site that aims “to increase transparency by sharing new data on the global streaming economy and breaking down the royalty system, the players, and the process.” In a parallel Twitter announcement, CEO Daniel Ek wrote that on Spotify, “fans will ultimately decide who thrives.”
But still, some artists are concerned with the murky algatorial (part algorithmic and part editorially curated) nature of Spotify’s playlists, alleging that the company holds more responsibility for determining which artists are successful than it admits.
Meanwhile, in the world of Web 3, platforms like Audius are making their own entrance.
⭐ Featured Platforms
Build your online community with built-in gamification to encourage member participation.
🔧 You are a virtual community manager.
💰 Average Earnings: No data
Sell any digital product and keep 99% of what you make after payment processing fees.
🔧 You are someone selling digital products.
💰 Average Earnings: $150/month
Easily manage and monetize your virtual events, on-demand classes, and other digital content.
🔧 You are a creator looking to grow your independent business.
💰 Average Earnings: No data
Find newsletter sponsorships in this newsletter sponsorship marketplace.
🔧 You are someone who writes your own newsletter.
💰 Average Earnings: CPM ranges from $15 to $250
🗞️ Side hustles in the news
The art of the side hustle, Financial Times
Should the American Theater Take French Lessons?, The New York Times
Freelance Feels Substack a.k.a. the newsletter for humans who work for themselves
Explore more of Side Hustle Stack, where you can discover platform-based work opportunities and leave reviews for platforms you already use. Follow us on TikTok, Twitter, LinkedIn, and Facebook for more updates.