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How much do music streaming services pay musicians?
Reported per-stream payouts from top music streaming services updated for ; click to enlarge. Based on information directly received from artists and indie labels, as well as various published sources, we can rank streaming music services according to their per-stream rate. Take a look. According to two sources — Information Is Beautiful and David Crosby — that number has steadily risen. Unlike its rivals, however, Napster remains a profitable streaming music service. Nevertheless, the service had remained friendly to artists.
How streaming services determine royalty pay for each artist
Subscriber Account active since. Spotify and Apple Music are the two dominant players in the music-streaming market and they might seem the same to many consumers, with similar features and pricing. But because of the system by which artists are paid, they can vary wildly in the royalty rates they pay out. And although Keating earns more per month from Spotify than Apple Music because she is streamed most often there , she earns four times more per stream from Apple Music. Those rates vary. Why are the rates so different? The answer lies in the payment system favored by almost every service, which can leave some artists like Keating feeling shortchanged. Keating publishes her yearly streaming earnings in an effort to spark conversation about music royalties and help other artists better understand their finances.
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.