A rough calculation of the amount some of the most-streamed artists have earned on the music streaming platform as of May 2024.
Most major streaming services, including Spotify, do not pay artists a flat rate per stream. Instead, they use a pro-rata payment model. This collects all advertising and subscription revenue over a month, then shares 70% (with the other 30% going to Spotify) with artists based on how many streams they accrued during that month.
Not all streams are created equally. The price of a Spotify Premium subscription varies around the world, as does the amount advertisers pay out based on various factors. Streaming revenue can also vary based on the contract worked out between Spotify and labels. For these reasons, the term “pay per stream” can be misleading.
We use the total streams data provided by ChartMasters to find the top ten artists and their all-time Spotify streams. By multiplying the “lead streams” by an average 0.004 dollar per stream, we get the total earnings listed below. Lead streams does not include featured streams.
Please note, the amounts stated below are before labels, managers, etc. take their cut. Don’t forget, Spotify is just one source of revenue. The highest earning artists in the world have multiple sources of income from other stores, licensing deals, business ventures, live shows, merch sales, etc. These numbers are rough amounts the artists have generated on Spotify alone. To keep 100% of the revenue streaming services payout, check out RouteNote Premium!
Since last updating this list last month, K-pop band BTS has been replaced by Kanye West thanks to the release of his 2024 album VULTURES 1. Taylor Swift is still the queen of Spotify, with over 81 million lead streams, putting her total earnings at over $327 million. This is ahead of the most-streamed male artist, Drake at 76 million streams and $304 million.
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On average, Spotify pays artists between $0.003 and $0.004 per single stream. Starting in January 2024, Spotify will start paying artists once they reach 1,000 streams in the last 12 months. In other words, artist earns about $3,000 to $4,000 in royalties for one million streams.
As of August 2024, American singer-songwriter Taylor Swift is the most-followed artist on Spotify, while Indian singer Arijit Singh is the most-followed male artist. Ref(s).
How Many Streams Do You Need to Earn $1 on Spotify? In 2023, it takes approximately 229 streams to earn $1 on Spotify. This number may vary depending on the platform used.
On average, you'll have to earn 300,000 to 350,000 streams to generate roughly $1000. Due to those variables we mentioned above, however, streams are not created equally. The actual number of streams needed to earn $1000 can range anywhere from 150,000 on the low side to 600,000 on the high side.
"Blinding Lights" by the Weeknd is the most streamed song on Spotify, with over 4 billion streams. As of August 2024, "Blinding Lights" (2019) by Canadian singer the Weeknd is the most streamed song on Spotify.
The exact number of plays to earn $100 on Spotify can fluctuate due to varying royalty rates. However, based on an average payout of $0.0033 per stream, you'd need approximately 30,303 plays. Remember, this is a rough estimate, and actual earnings from your music streamed may vary based on several factors.
The estimated $131 million in royalties Taylor Swift's music earned from Spotify is 1.3% of $9.7 billion, so I'll assume she received 1.3% of all Spotify royalty payments. Taylor Swift is paid as both the composer and performer of her music, and also owns the master recordings of the “Taylor's Version” of her albums.
Number 1 artist on Spotify 2024: Taylor Swift. Taylor Swift is the most listened to artist on Spotify 2024. Discover the transformation of Taylor's musical style with our Taylor Swift Pie Chart!
It's already the year of Taylor Swift (again). The 34-year-old singer took over the No. 1 spot on the 2024 Billboard Power 100 list, which was announced on Wednesday, January 31. Billboard's annual list is a definitive ranking of the most powerful players in the music industry.
If you're in the top 1% of listeners for a certain artist, you'll either receive an email notification, or you'll get a pop up notification on your phone screen.
The news came on the company's Loud And Clear website, which was launched last year with the aim of "increasing transparency" around its payments. The streaming giant said 52,600 artists earned more than $10,000 (£7,500) from Spotify in 2021. Of those, 130 were paid more than $5m (£3.8m) over the last 12 months.
How much does 1 million streams on Spotify pay? The payment for 1 million streams on Spotify can vary, but it is generally estimated to be around $4,000 to $7,000. This amount is, however, split between the streaming platform and the rights holders.
The exact number of plays to earn $100 on Spotify can fluctuate due to varying royalty rates. However, based on an average payout of $0.0033 per stream, you'd need approximately 30,303 plays. Remember, this is a rough estimate, and actual earnings from your music streamed may vary based on several factors.
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