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 what if someone listens to your song a million times?
Answer: Around $4,370
Questions:
- 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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About the Author
Ryan Wood
Ryan grew up with and maintains a love for learning. He graduated from the University of Wisconsin-Green Bay with a degree in Business Administration and worked in sports marketing for a number of years. After living in Texas, Colorado, Tennessee, and Minnesota, the call of education eventually brought Ryan back to his home state of Wisconsin where he was a Business and Marketing teacher for three years. In his free time he likes to spend time with his wife and daughter, play basketball, read, and go fishing. Now with NGPF, Ryan is excited to help teachers lead the most important course their students will ever take.
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