{"id":3833,"date":"2013-12-03T10:20:17","date_gmt":"2013-12-03T10:20:17","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2013\/12\/03\/its-official-spotify-pays-out-0007-per-stream\/"},"modified":"2013-12-03T10:20:17","modified_gmt":"2013-12-03T10:20:17","slug":"its-official-spotify-pays-out-0007-per-stream","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2013\/12\/03\/its-official-spotify-pays-out-0007-per-stream\/","title":{"rendered":"It’s official: Spotify pays out $0.007 per stream"},"content":{"rendered":"

<\/p>\n

It’s official: Spotify pays out $0.007 per stream. The idea that Spotify isn’t transparent with artists’ earnings has finally taken a slight clobbering this morning – with the streaming platform shining a hitherto unforeseen light on its royalty payouts. As part of a new site specificially built for artists, the company reveals that it has recently paid out an average of $0.006 and $0.0084 per stream to rightsholders.
That figure is presumably a mix of streams on its premium service (thought to be around $0.01 per stream) and its ad-supported free service.<\/p>\n

However, the platform argues that this figure adds up for artists. Its research suggests that the average ‘US music listener’ pays $25 per year on music – a figure that increases to $41 per year for the average Spotify user across both its free and premium tiers.<\/p>\n

Spotify reiterates on its new Spotify For Artists site that it keeps 30% of revenues, with 70% paid back to rightsholders.<\/p>\n

Although this money tends to be paid to record labels – who then take their cut – before it reaches managers and artists, Spotify happily promotes digital distributors like CD Baby, which offer artists a 95% cut of their royalites.<\/p>\n

Other revelations on the new site include:<\/p>\n

Anonymous royalty payout figures from July 2013, which show a month’s streams of five specific albums. These include $3,300 (in the month) for a “niche indie album”, $76,000 for a ‘breakthrough indie album’ to $425,000 for a “global hit album”.<\/p>\n

In the last 12 months Spotify has paid out more than $3 million annually for this top-earning ‘global hit album’ artist. By this time next year it expects to be paying out over $6 million annually to this artist ‘and other artists of similar size’. This particular artist is not the most played artist on Spotify in 2013 either – there are other artists who have been paid out more than $3m in 2013 alone.<\/p>\n

Adjusted predicitive figures for these albums if Spotify hit 40m paying subscribers worldwide. The ‘nice indie album’ would accrue $17,000, the ‘breakthrough indie album would draw $380,000 and the ‘global hit album’ $2.1m. Spotify has currently announced 6m premium subscribers, with around 24m ad-supported free users. <\/p>\n

According to Spotify, its average royalty payouts of between $6,000 and $8,400 per million listens compare favourably to figures of $3,000 for a “video streaming service” (aka YouTube) and $1,300 \u2013 $1,500 for a “radio streaming service” (aka Pandora).<\/p>\n

Spotify has paid out more than $500m to rightsholders in 2013, and more than $1bn in total since its launch in 2008.<\/p>\n

Source: Music Week<\/p>\n","protected":false},"excerpt":{"rendered":"

It’s official: Spotify pays out $0.007 per stream. The idea that Spotify isn’t transparent with…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-3833","post","type-post","status-publish","format-standard","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/3833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/comments?post=3833"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/3833\/revisions"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=3833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=3833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=3833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}