So, how many tracks do you think there are on Spotify with over a million streams today? Perhaps the most surprising/useful data on the Loud & Clear website concerns this exact question, providing clarity on the space between how popular an artist’s numbers suggest they are – and how popular they really are in the context of the wider music marketplace. What we’re getting at here: an artist with over a million streams on Spotify, for example, might feel entitled to a certain level of compensation in royalties.Īnd from a certain perspective that’s fair enough: a million is, in any context, a large number.īut how big is it really on Spotify in the modern age? At the same time, there is a hangover from the pre-streaming era regarding what, statistically, constitutes different levels of success for artists. Much of the process of making music – and then making it commercially available – is, naturally, rooted in emotion.
The $500k-plus-per-year club counted 1,820 artists in 2020.Īnd the $1 million-plus-per-year club counted 870 artists in 2020. The $100k-plus-per-year club counted 7,800 members in 2020. The Loud & Clear site also shows the number of artists whose catalogs have generated over $100k per year on Spotify in the past four years, as well as over $500k per year, and over $1 million per year. In Indonesia, to pick a random example, the average annual salary is around $10,000 in India and Brazil, it’s around $5,000.Īnother important thing to consider here: Spotify is home to around a third of all paid music streaming subscriptions globally… which suggests that artists earning a certain amount on Spotify could double or even treble this figure when their income from all streaming platforms is taken into account. It’s also worth remembering this isn’t consistent across the world. One reason that this $50k figure is quite so important: According to the US Bureau of Labor Statistics (BLS), the median wage for workers in the United States in the first quarter of 2020 was $957 per week, or $49,764 per year.
That 13,400 number is nearly double the amount of artists who generated over $50k in payments from Spotify in 2017 (7,300). It shows that, in 2020, some 13,400 acts generated total payments in excess of this magic figure around the world. One section of the site tells us the number of artists who have generated over $50k in payouts from Spotify (across records and publishing) annually since 2017.
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