![your one in a million song your one in a million song](https://i.ytimg.com/vi/YF3ftkdWQPM/hqdefault.jpg)
Here’s a screenshot from my Spotify artist account. Spotify has to balance advertising revenue and the amount of people willing to pay for a subscription against the number of artists they have to pay per stream.Īnd so the royalty rate is currently a measly $0.006 to $0.0084 per play. This topic is a whole article in of itself, but in short, this climate only seeks to drive down the value of music. The amount of music being released on a daily basis is phenomenal, and music is akin to churning out news articles, with artists releasing tracks on a weekly basis in a bid to stay relevant and keep their social media channels alive. While in many ways this is great – because it enables creativity and levels the playing field for smaller artists – it’s very difficult to find space amidst the noise. And for most, earning money from music is a bonus.īut you’re a small fish in an ever-growing ocean, in a digital world where the barrier for entry is low and releasing music is accessible for everyone.
![your one in a million song your one in a million song](https://i.ytimg.com/vi/OG1X2Jq34s4/hqdefault.jpg)
Of course, if you have a commercial hit, you might be looking at 10 million streams in a week.īut for those in a small band or running a small label in a sub-genre of dance music, even getting to a thousand streams on a track is quite an achievement.Īs an artist, you just want your music to reach as many people as possible. Looking at those numbers, you’re probably a little disheartened to see that the revenue really isn’t impressive.īut 1 million streams is a hell of a lot of streams, particularly for those who work in more niche genres of music that don’t have the commercial reach of pop or Hip Hop. I’ll also reveal a much better strategy for earning money from your music than getting streams on Spotify.
#YOUR ONE IN A MILLION SONG DOWNLOAD#
How much money do you earn from 1 million plays on Spotify?īut the bigger question is, how much do you continue to earn each month once you’ve reached six-figure-streaming?Īnd bigger still: Is it wiser to focus on other more lucrative revenue channels such as other streaming sites or download stores?