Spotify is a digital music streaming service providing access to millions of songs, podcasts, and videos. It is one of the most popular streaming services in the world, and it allows users to create their own playlists, follow their favorite artists and albums, and even create their own radio stations.
But what many don’t realize is that Spotify also pays its artists for each play that their music receives. So how much does Spotify pay per 1000 streams?
The answer depends on a variety of factors. First of all, it depends on the artist’s agreement with Spotify.
Some artists may receive more money than others depending on how their contract was negotiated. Additionally, it also depends on the country or region where the stream originated from – some countries have higher streaming rates than others due to different licensing agreements.
The exact amount that an artist receives for each stream can vary greatly, but generally speaking it averages out to between $0.004 – $0.0084 per stream (or $4-$8 per 1000 streams). Additionally, these payments are often split among multiple people (such as the featured artist, record label and publisher), so the amount each person actually receives may be even less.
Spotify also has an additional program called ‘Spotify for Artists’ which allows artists to access analytics about their streams and make money through ad-supported streams as well as exclusive fan insights.
In conclusion, while exact figures can vary greatly depending on a variety of factors including location and contract negotiations, generally speaking Spotify pays its artists between $4-$8 per 1000 streams. Additionally, they offer an extra program called ‘Spotify for Artists’ which can provide even more opportunities for musicians to make money through the platform.