How much does the platforms pay?
Nowadays there’s tons of people wanting to join and make a career in the music industry. Usually one of the most reason is money. And when you want to take the career to a higher level, questions related to it begin to exist. Some of them are, how much platforms pay? How much does YouTube pay per view? How much I make with Apple Music? How much money does Spotify pay to artists? In reality, between all of them, there are very notable differences and marked margins. To clearly understand which platform pays more and which one pays less, we are going to explain how much does it cost to earn one dollar on each platform.
For a stream to be valid, content has to be played for 30 seconds. Topping the list, with a minimum of 1,500 reproductions, YouTube is the platform that requires the most streamings to earn one dollar; while Tidal is the least. After YouTube comes Spotify and Amazon Music, requiring 249 and 229 reproductions. However, bye the name we can inferred it is an expensive platform, Apple Music is one of the most accesible to earn money, requiring just 136 reproductions. And how we said before, Tidal, the one that require the least streamings, just ask around 76. This means that Spotify required three times more streamings than Tidal for an artist make the same amount of money.
Following, you are going to see a graphic that shows how much pay each platform per stream, and how many streams does an artist need to make the United State minimum wage, $1,256.67.
Spotify pays the artists around an 80% of their incomes. Even though this percentage looks like a high one, in reality, a lot of artists complains because the low payment they receive from that platform. But, the hidden part, and an important one is, that those $0.004 that Spotify pays per stream it has to be distributed between the artist, the label, the author, and others. Being like this, at the end there is just a low percentage for the song’s creators and owners.
