Spotify: Musicians’ earnings & earnings
How much do you earn with Spotify?
Spotify is arguably the most popular music streaming service right now. The platform is a practical way for users to listen to music online. Artists, for their part, can make money with Spotify. How much that is depends on the retrieval of their songs. In general, the following applies: The more popular an artist is, the more money they get from Spotify.
The earnings at Spotify
Spotify pays the musicians money per stream
The streaming service itself keeps itself covered with information about how much the artist’s remuneration is. However, some musicians have freely revealed how much money they receive through the platform. The American cellist Zoë Keating even posted a precise tabular listing of her 2017 earnings on the Internet. Accordingly, she earned around € 8,300 with around 2.6 million streams on Spotify. That means you Spotify earnings 0.0032 euros per stream fraud. However, it is unclear how much money the two labels that sold the musician’s works received.
In addition, that falls Spotify money per stream varies in different countries. It depends, among other things, on the number of subscribers and the total amount of streams in the respective country. If there are many users in a country, the money per click is higher than in a national market in which the platform itself only generates relatively little income.
The income of the rappers per stream
In Germany, it is mainly those who go Rappers are quite open about the issue of Spotify’s merit. Farid Bang recently gave information about how much money he is collecting from the streaming platform. He revealed that he needed 2.6 million streams to get to 10,000 euros. This is roughly the number of streams that he can show per month. Farid Bang receives around EUR 0.0038 per stream, and around EUR 3,800 for one million streams. The rappers Kollegah and RAF Camora have spoken of similar values in the past.
Drake made the most money on Spotify
Other providers in music streaming
It should be noted that there are other streaming providers. The best known are Deezer, Apple Music, YouTube Music, and Tidal. The payments made to the artists differ considerably from those made by Spotify. So pay about Tidal and Apple Music reportedly double what Spotify pays, while YouTube Music only gives half of Spotify earnings to the artists.
Incidentally, Spotify generates its income from paying customers. In addition to limited free use, the platform offers several paid subscriptions. The standard subscription in Germany and Austria costs 9.99 euros as of 2021, a duo subscription for two users 12.99 euros and a family subscription for up to six users 14.99 euros. Students can take out an inexpensive subscription that costs 4.99 euros. At the end of 2020, the streaming service had a total of 345 million users worldwide, 155 million of whom had a paid subscription. the The company’s turnover in 2020 was just under 7.9 billion euros. However, it made a loss of 581 million euros.
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nikkimeel + Mano Korsanke / Bigstock.com
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