Every musician begins their journey with a dream. A desire for their music to resonate with people and perhaps bring in some income along the way. It’s a path filled with decisions, especially when it comes to finding the best way to share your art with an audience without going broke.
Streaming services have been a game changer in some respects. Remember the days of scraping together change just to buy songs? Now your music can travel worldwide at the touch of a button. However, like any shift, it has its challenges. Understanding where your audience is listening to has become crucial. Choosing the platforms to showcase your tunes is key if you aim for longevity in this career.
Let’s delve deeper into how artists get paid for streaming. There are three main royalty streams:
Reproduction royalties cover any time a song is duplicated, whether on a physical format like CDs or digitally through downloads and streams. Songwriters receive these mechanical rights payments.
Public performance royalties apply whenever music is played outside the home, such as in stores, restaurants, or on the radio. Artists are paid through performance rights organizations (PROs) that collect these fees.
Record labels and self-published musicians also collect a share as copyright holders, who own the legal rights to published music. This allows them to participate in the financial benefits generated whenever their catalog is accessed online or elsewhere.
Now for the question, you’re all interested to know: how much do different streaming services pay per stream?
Tidal tops the list at $0.01284 per stream. Artists would earn around $12.84 for every 1,000 streams.
Apple Music follows at $0.001 per stream, resulting in $10 for every 1,000 streams.
Spotify offers $0.00437 per stream, meaning $4.37 for each 1,000 play counts.
Pandora’s rate is $0.00133 per stream, translating to $1.33 for every 1,000 plays.
Amazon Music provides a rate of $0.00402 per stream, so roughly $4.02 per 1,000 streams.
YouTube has the lowest streaming payout at $0.00069 per view. Artists only earn about $0.69 per 1,000 views on this platform.
In the end, navigating music is a lot like writing one – it takes patience, understanding each part, and strategy to turn those plays into rent money. But with some finesse, you can follow your dreams for a while longer.
1 thought on “Streaming Royalties Explained: How Much Do Musicians Earn Per Play?”