Question of the Day: How much does an artist make for every 1 million streams on Spotify?
A picture is worth a thousand words...but how about if someone listens to you sing a million times?
Answer: Around $4,370
- Have you ever thought about how the artists on platforms like Spotify are paid?
- Do you think around $4,000 per 1 million streams is high or low?
- What other things have you seen artists do that would supplement their streaming income?
- Would you ever pursue music as a full-time career? Explain why or why not.
Behind the numbers (from Di++o):
"Spotify pays artists between $0.003 - $0.005 per stream on average.
That works out as an approx revenue split of 70/30 - so that’s 70% to the artist/rights holders and 30% to Spotify.
REMEMBER: The rights holders of a song can include; the publisher, songwriter and the master recording owners (i.e. the artist and/or label if they’re signed to one)."
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