Spotify is one of the biggest music streaming platforms in the world, with over 200 million users and more than 50 million songs available. But how much does it pay for one billion streams?
The answer to this question really depends on several factors, including the type of music, the artist or label behind the music, and even the region where the streams take place. Generally speaking, Spotify pays out around $7 per 1,000 streams. That means that for one billion streams, an artist could expect to receive around $7 million.
Of course, this figure doesn’t include any additional payments that may be made by other streaming services or digital distributors. For example, Apple Music pays a higher royalty rate than Spotify and so an artist may receive more from them if their music is streamed on Apple Music.
The amount of money an artist makes from streaming also depends on their deal with their label or distributor. If they have a direct licensing agreement with Spotify – meaning no middle man – then they’ll likely make more money per stream than if they have to share a portion of their royalties with a label or distributor.
It’s also important to remember that streaming isn’t the only way to make money from music; live shows, merchandise sales and sync licensing (placing your songs in films/TV/ads) are all viable options for artists to make additional income.
In conclusion, it’s difficult to put an exact figure on how much Spotify pays for one billion streams as there are so many factors at play. Generally speaking though, artists can expect to receive around $7 million per 1 billion streams when all royalties are accounted for.