Over the years, the way artists get their music heard has changed drastically. Now we are in the age of music streaming services and the most popular platforms are Apple Music, Spotify and YouTube. But which if the above platforms is paying the artists the most?
All credits to RIAA-backed research via BuzzAngle, MiDIA and Nielsen that we have a very simple breakup of the numbers. Below are the revenues in USD that artist make per 1000 streams:
Apple Music: Just over $12
Spotify: $7.50
YouTube: $1.50
Apart from the above, Information is Beautiful (IiS) also did a similar breakdown and didn’t compile their information from the above sources. They analysed data from artists and various other sources. According to LiB, an unassigned artist can expect to receive the following per 1000 plays:
Apple Music: $6.40
Spotify: $3.80
YouTube: $0.60
Whereas signed artists earn marginally higher:
Apple Music: $7.30
Spotify: $4.40
YouTube: $0.70
So what do you think? Don’t forget to let us know in the comments’ section below.
Ranjiv enjoys a wide range of music ranging from electronic music to hard rock and all the way back to the retro classics. His interest in EDM was triggered about 8 years back by the likes of artists like Avicii and David Guetta. The broad spectrum of sub-genres that EDM offers is what excites him.
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