How Much You Can Make From Spotify With Their Pay Per Stream Revenue?
09 November 2022
You will get to know about the amount Spotify pays you per steams. Along with it, you will also understand you can elevate the payment with some effective gestures.
Suppose you have already uploaded a track on your Spotify profile but you don’t have any clue of how much you are going to be paid per stream. Just like other Spotify artists you also might be having these questions and looking for answers.
- Do you possibly have various questions like how much are you going to get paid?
- How they will offer you the money?
- Why Spotify is one of the most popular music-streaming platforms preferred by emerging music artists?
- Yet, the most frequently asked question is how to earn the best amount of money along with maximum exposure.
- How to get more royalty or revenue from Spotify?
If you also have these questions then you have come to the right place. Every question you have about Spotify paying options will be answered in this blog.
- What is the amount of money you will get from Spotify with each stream?
Spotify pays around $0.003 – $0.005 per stream on average to each artist as royalty, these numbers are eligible since May 2022. Royalties are the revenues that any artist can get if they wish to upload their tracks on any music-streaming website. This works in a 70 – 30 ratio, where you will get 70% of the revenue and Spotify will get 30% of it. Having said that, Spotify payments depend on some variations, in terms of revenue and some other factors your payment can vary. These factors are;
- Total Spotify streaming revenue
- You will also get negotiable global payouts as a part of that revenue
- Revenue on the total number of streams
- Streams that you have collected from your content marketing
So, with each stream, you will get $0.003 – $0.005 per stream, but your overall income will depend on the number of people playing your tracks and listening to them. So when a veteran star like Lady Gaga uploads a track on Spotify she will receive a hefty amount but when an emerging star uploads a track then he or she will receive a lesser amount of money for their work. But you can anytime opt for promotional services which will make sure that the money you receive from Spotify has a considerable amount.
- Which features effects the payment of any Spotify Artist?
First, you have to remember that you are looking for the payment which you will get per stream. If you are working with any recording label they will also have a share in that profit. But working with a distributor will ensure that you will have a larger audience for your tracks, so even if you share the amount you still will have more money than you can get alone. These elements will also work on the amount of your revenue.
- Nonetheless, revenue doesn’t reach the artist directly. There’s a circle that will continue when the songs are getting uploaded and the money is being sent. From Spotify, the money will directly go to the distributor or recording labels. If the artist is not associated with any of these two then it will reach the artist directly.
- In the cases of via payments recording labels, they will keep 50% of the revenue and the rest will be sent to you.
- If you are working with distributors or publishers then you will need to pay them from that revenue as well.
Numbers show that there are about 8 million artists on Spotify to get a considerable amount of payment you need to be one of the top 9000 artists on this platform. The competition is unbelievable yet you have to be at least a 4-digit artist to receive a good payment.
- Monthly 750,000 listeners will make you around $100k in your bank. And to achieve that height you need to have professional help otherwise getting that much exposure on a platform like this will not be in any way attainable. Working with professional Spotify marketers will make sure that you will have to pay an amount before your start your promotions and by the end of it, you will get to keep every cent that Spotify sent to your bank account.
- It can also vary from country to country, while Canadian artists will get paid $0.0027 per stream while a Portugal artist will receive $0.0018.
- Another way you can get better payment is by promoting your track to Spotify Premium subscribers. As the payment will vary if you have more numbers of Premium subscribers or not. Free subscribers do not offer better payments. They will only deliver the regular payments.
According to various Spotify minute followers; there are two types of artists who generate revenue.
- The first sort is people who are consistently releasing music and making roughly around $94k per year. They have managed to be in the top 50,000 artists on this daunting platform and have at least 600K listeners.
- The next sort mostly falls under a niche genre, either they are making or re-mastering classic musical pieces or they are making children's songs and gathering their popularity from them. Having 214k monthly listeners will ensure earnings of $36,900 per year.
- Why Spotify is one of the most popular music-streaming platforms preferred by emerging music artists?
- The Spotify reports of 2021 showed that they have paid $7 billion in royalties to artists in that year only. And this is the main reason why music artists prefer to upload their tracks on Spotify because it pays well and promptly.
- Not just the number of artists Spotify holds a humongous number of listeners as well. This probably is the most enticing part about Spotify and why a music artist chooses this platform over others.
According to an article released by Forbes over 1 thousand Spotify artists have made more than 1 million dollars just from this platform only.
- How to get more royalty or revenue from Spotify?
The percentage and the streaming rates are fixed based on various aforesaid factors. Hence you can get a chance to make better revenue from Spotify by increasing the number of your streams. And to make sure that you have a better number of streams you have to make sure that these aspects are a part of your promotional works.
- Playlists Submission, preferably Spotify editorial playlists
- Social Media Buzz, including Facebook, Instagram, Twitter, Reddit, and many others
- Email List, you as a music artist should have an email list, and use them whenever needed.
- Pre-saved Link, Spotify will offer you this option you can use to create an engagement before you even release the track.
- Content Publications and SEO, Search Engine Optimization is a very overwhelming aspect of Spotify promotions, you need to go for renowned publication marketers to make sure that people are getting nudged about your track release.
Spotify is a huge tank full of possibilities and you have to choose the correct option to make your track popular and receive a good amount of money. You can also turn to a professional for your marketing aspects but in that case, you will have to opt for only organic and legit websites to support your growth otherwise Spotify can sieve through fraud and will not pay a single penny if their streams are not authentic.