The disruptive effects of peer-to-peer file sharing had slashed music revenues in half, casting serious doubts over the future of the industry. Ringtones provided a brief earnings bump , but it was the growing popularity of premium streaming services that proved to be the savior of record labels and artists. In short, people showed they were still willing to pay for music. Although most forecasts show streaming services like Spotify and Apple Music contributing an increasingly large share of revenue going forward, recent data from The Trichordist reveals that these services pay out wildly different rates per stream. Note: Due to the lack of publicly available data, calculating payouts from streaming services is not an exact science. One would expect streaming services to have fairly similar payout rates every time a track is played, but this is not the case. In reality, the streaming rates of major players in the market — which have very similar catalogs — are all over the map. Below is a full breakdown of how many streams it takes to earn a dollar on various platforms:. Napster , once public enemy number one in the music business, has some of the most generous streaming rates in the industry.
How much do music streaming services pay musicians?
Ben Lovejoy. An enquiry has been opened in the UK into whether streaming music services like Spotify and Apple Music pay artists a fair royalty. Apple Music pays more than both Spotify and YouTube on a per-stream basis, but artists say that the amount they receive from all streaming services is just a small percentage of a tiny sum …. BBC News reports. But many artists say the payments they receive are negligible. The inquiry will begin in November, and is seeking evidence from industry experts, artists and record labels as well as streaming platforms themselves.
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Username or email. Keep me signed in until I sign out. Apple Music is one of the fastest-growing musical platforms and the third best-paying streaming service for an artist.
Exactly how much streaming services pay out to musicians in royalties has always been a hot topic. In truth, there's no simple answer, but we'll try to explain how much your music could be earning in streaming royalties from platforms like Spotify, Apple Music and more as well as the different factors that affect royalty payments. There are lots of factors that affect how much money one stream is worth in royalties. The main factors include:.