Tag: fees

Has Distrokid Recently Increased Their Prices for Musicians?

Yes, DistroKid did recently increase their prices. All subscription tiers saw an increase between 11% and 15%. Some examples of the new prices include:

  • Musician plan: $22.99/year (previously $19.99/year)
  • Musician Plus plan: $39.99/year (previously $35.99/year)
  • Ultimate plan (5 bands/artists): $89.99/year (previously $79.99/year)

The price increase happened quietly sometime in late December 2023/early January 2024. Existing users with active subscriptions at the time of the increase are not affected and will continue to pay the original price until their renewal date.

CrowdCube Fees – Fees for Investors and Companies Raising Money on the Platform


Crowdcube charges two main types of fees:

  • For companies raising money on the platform:
    • A success fee of 7% (excluding VAT) on the amount successfully raised.
    • A completion fee of 0.75% – 1.5% of all funds raised, depending on the size of the raise.
  • For investors investing on the platform:
    • An investment fee of 2.49%, with a minimum fee of £2.49 and a maximum fee of £250.
    • A success fee of 5% on any profit made on investments.

Crowdcube also charges some additional fees for certain services, such as due diligence and marketing support.

Here are some examples of how Crowdcube’s fees would work:

  • Company raising £1 million: The company would pay a success fee of £70,000 and a completion fee of between £7,500 and £15,000, for a total of between £77,500 and £85,000.
  • Investor investing £10,000 in a company that goes on to be successful: The investor would pay an investment fee of £249 and a success fee of £500, for a total of £749.

It is important to note that Crowdcube’s fees are subject to change, so it is always best to check the latest pricing information on the Crowdcube website before launching a campaign or investing in a company.

Spotify / Findaway – Dropping Its Cut on Audiobook Fees

Findaway, an audiobook seller owned by Spotify, has announced that it will no longer take a 20 percent cut of royalties for titles sold on its DIY Voices platform if the sales are made on Spotify. In a blog post published on Monday, Findaway stated that it would “pass on cost-saving efficiencies” from its integration with the streaming service. Last summer, Spotify finalized its $123 million acquisition of Findaway in a move to solidify its position in the audiobooks business.

While authors can upload their audiobooks onto Findaway’s Voices platform for free, the company normally uses an 80/20 pricing structure where Findaway takes a 20 percent fee on all royalties earned. However, that fee is applied after sales platforms take their own 50 percent cut on the list price. Under the old revenue split, an author who sold a $10 audiobook would have to give $5 to Spotify and $1 to Findaway. But moving forward, that same author will no longer have to pay the $1 distribution fee to Findaway when a sale is made through Spotify.

Uncovering the Hidden Fees of Distrokid

Many musicians are signing up for DistroKid’s music distribution service, but they may not be aware of all the hidden fees that can be charged. This post will explore DistroKid’s hidden fees, explaining what they charge and how to avoid paying too much.

What hidden fees does DistroKid charge?

DistroKid charges an annual fee for the use of their service. This fee specified on their website is $19.99. However, many users don’t realize there is an additional fee for each album or song they upload. This fee is $9.99 per album and $0.99 per song. If an artist is uploading many albums or songs, these fees can add up quickly.

What other hidden charges are there?

In addition to the annual fee and per album/song fee, DistroKid also charges a processing fee of $1 per album/song. This fee is charged each time an album or song is uploaded, so costs can add up quickly if musicians are uploading a lot.

There is also a $2.99 fee for sharing an album or song with a friend. This fee is charged each time a user shares a song or album with someone, so costs can add up quickly.

DistroKid offers a useful music distribution service for musicians, but it’s important to be aware of the hidden fees they charge. Understanding these fees can help musicians avoid paying too much for the use of DistroKid.