SPOTIFY FOR ARTISTS SUPPORT PLUS

That means if a song is streamed one time for every 1,000 streams in Canada, the artist would, theoretically, get $1 per stream. On the platform, royalties (the amount an artist and its company are paid per song stream) are calculated through a method called ‘Streamshare.’ This means that every month, Spotify takes every song and calculates how much it was streamed compared to the total streams in that song’s local market.

SPOTIFY FOR ARTISTS SUPPORT PLUS

While the numbers don’t exactly paint a picture of many people living happily off of their Spotify streams alone, many artists make revenue off more than one streaming service, plus live shows (in a non-COVID-19 world).īelow in the money breakdown, the company also pleads a case for its revenue distribution model. Only 870 artists made over $1 million on the platform.

Since then, Spotify has shared that 60,000 new songs are uploaded to Spotify every day, suggesting that there are likely many more than three million creators on the platform. In a 2020 report, R olling Stone claimed that Spotify said it had three million creators on its platform in 2018. This data is kind of meaningless without context, and one thing that the company doesn’t share is how many artists are on its platform. However, if you can get in, there’s a lot of juicy data to unpack. The website looks very cool, but it’s not super straightforward to navigate. Spotify is trying to be more transparent about what it pays artists on its platform with a new website called Loud and Clear.

Spotify for artists support