How much should artists expect to receive on streaming music platforms? That’s a complicated question.
Last year, Digital Music News published a list outlining the most popular streaming music platforms’ per-stream rates. At $0.0190 and $0.0110 per play respectively, Napster and Tidal ranked as the services with the highest artist payouts. Spotify and Pandora ranked among the worst paying platforms.
At a shockingly-low rate $0.0006 per stream, YouTube took the last place.
Now, Statista has released its list gross payouts to labels. Using information from The Trichodist, they listed each major service’s per-stream rate.
Microst’s service, labeled as Xbox Music here, paid $0.02730 to artists. The company had announced late last year that it would exit the streaming music market. Users could transfer their favorite playlists to Spotify.
Napster/Rhapsody may not rank as one the services with the highest subscription numbers. Last year, it reportedly had around 4.5 million subscribers. According to the Trichordist, the streaming music service only had a 1.75% market share in the US. Napster reportedly pays out $0.01682 per stream.
So, how much does TIDAL pay? Last year, unsigned artists on the platform received $0.0110 per stream. This year, Jay-Z’s beleaguered music service paid $0.01284.
HomePod sales aren’t doing so hot. Why? Well, besides the absurdly-high asking price, users can only stream from Apple Music. You can stream from multiple streaming platforms on the much cheaper Amazon Echo and Echo Dot. Yet, the HomePod’s closed streaming ecosystem may actually prove beneficial for artists. Apple Music pays $0.00783 per play.
Right behind Apple Music, Amazon’s own streaming platforms, Prime Music and Music Unlimited, now sport “tens millions consumers.” That may partially explain the company’s slightly higher payouts. Artists should expect to receive $0.00740 for each stream played on the platforms.
Focusing on over 180 markets, Deezer doesn’t exactly have a strong presence in the US. Yet, the French-based service now pays out $0.00624 per stream.
Among the largest music platforms, Google Play Music had the highest payouts. Artists reportedly earned $0.0179 per stream. Yet, it now stands at $0.00611.
Spotify now has 71 million subscribers, 3,500 employees, and over 35 million tracks on its platform. Its direct listing on the New York Stock Exchange has gone well. Yet, why is this platform just two spaces above YouTube? Spotify reportedly pays $0.00397 per stream.
Here at Digital Music News, we’ve documented Pandora Radio’s slow descent into obscurity. Last year, the service paid $0.00134 per streams. Artists this year should now expect to receive $0.00134 per play. That is, until the service likely kicks the bucket, maybe even this year.
This year, proving that Google won’t give up on its overly-ambitious music streaming service plans (or hilariously low payouts), the company will soon launch its third premium service on YouTube. But, how much should artists expect? Well, currently, YouTube pays $0.00074 per stream. So, not much.
Our advice? Please don’t ever make a career out your earnings on the popular video platform. Trust us. You’ll regret it.
Featured image by Olichel (CC0)
Thank you for tuning in, check out some of our daily updates and top stories. Also, make sure to follow us on our socials to get exclusive notifications and updates about your favorite artists. We appreciate your constant support for our blog.