Once we have the number of monthly streams from Spotify, we multiply the price-per-stream of each platform by the number of Spotify streams. "Elon Musk walks into a pipefitter's union hall. The average wealth shoots up by a billion dollars per plumber." So... the "this article" referenced has numbers. Those numbers don't match up to anyone else's numbers and everyone else's numbers don't match up to anything either. There's this need to believe that you can simply figure out how much money someone makes off of Spotify because then we can continue to feel good about paying a pittance to listen to our favorite artists over and over and over again. Your link: As the other platforms, Amazon, don't publicly share the price-per-stream. This value approximates to $0.01196. Taken into account this value, 83K monthly streams are needed for reaching the $1000 mark, the lowest so far, but still high! The link they took their data from: I worked with a guy who made his revenue entirely off of Youtube. He broke the economics (for him) down quite simply: any video with less than a million views earned him nothing. Did not even show up on his invoices. Any video with more than a million views made him about five thousand dollars. Each subsequent million views earned him about a thousand dollars. But those numbers were really wiggly and I guarantee that's what Youtube was paying him. Look - a plane ticket from Seattle to Los Angeles used to cost about $300. I've probably bought a hundred of those. The least I've paid is $29 (no airline miles or other nonsense used - Delta was trying to assassinate Alaska Airlines). The most I've paid is $437. The most I've seen, however, is $5998. And flight prices are hella easier to scrape than Spotify royalties.We have based our algorithm on the data from this article from Soundcharts.
Another major streaming player is Amazon Music.
In full detail: Amazon Music Unlimited, Napster and Tidal got the top-3 rates at $0,0119, $0.0106 and $0.0099 respectively. However, don’t get too excited about Amazon’s numbers. The lion’s share of the tech giants subscribers are in fact over at Amazon Prime bundled streaming service — and for Amazon Prime, the average rate came to just 28% of the Unlimited’s payout, or $0,0034.