http://blogs.wsj.com/digits/2013/12/...tist-payments/
Quote:
Spotify on Tuesday unleashed a load of data, revealing that each time a user listens for a song, rights holders are paid between $0.006 and $0.0084. Over the course of 2013, the company says it will have paid $500 million in royalties, representing half of the $1 billion Spotify sent to rights holders since setting up shop in 2008.
The stats were unveiled as part of a new Spotify Artists webpage, a site where rights holders can access analytics tools to track their performance on the streaming-music platform.
|
http://www.billboard.com/biz/article...-data-commerce
Using the same rate, in order to generate $1 million in royalties, a song would need to be streamed 119,047,619 to 166,666,667 times.
For the month of July 2013
p.s. Who is this global star that Spotify is talking about?
Quote:
|
Spotify pointed to an unnamed “global star” to which it paid $3 million in individual royalties over the past year, a sum it expects to double in 2014. It added that this particular artist wasn’t its most played artist and that there other stars were paid more than $3 million in 2013.
|
p.s. #2. Spotify is still tiny. With around 8 million paying subscribers and about 25 million free users worldwide. Which mean in the countries that Spotify is available, maybe around 4% of the population use the service. As Spotify gain more users, it will pay a lot more. It pays 70% of its revenue as royalties.
Quote:
|
As Spotify has grown, it has taken on an increasing amount of red ink. Last year, the company lost nearly $80 million. About 70% of the money taken in, Spotify says, goes right out the back door in the form of a payment to rights holders.
|
