It’s that point of yr when Spotify reveals their annual statistics from the final yr of streaming music. Among the artists sharing their due to their fandom for the help was parody king Weird Al Yankovic, who used the platform to not solely thank his followers however to take a jab at what the streaming big pays artists in the method.
In his video shared by way of Spotify and relayed on different social media by a fan, Yankovic famous, “I’ll make this really quick. I just want to thank you all for your amazing support.”
He continued, “It’s my understanding that I had over 80 million streams on Spotify this year. So if I’m doing the math right, that means I earned … $12.”
The musician then humorously added, “So you know it’s enough that I can get a nice sandwich at a restaurant. So from the bottom of my heart, thanks for your support … and thanks for the sandwich.”
In a January 2023 article, Ditto Music reported that the streaming big paid artists between $.003 and $.005 per stream on common. That works out as an approximate income break up of 70/30 – 70 p.c to the artist/rights holders and 30 p.c to Spotify.
In October, Music Business Worldwide reported that Spotify can be using guidelines that may dictate {that a} monitor’s annual streams should meet a minimal threshold to generate royalties. There may also be monetary penalties for report labels who try and sport the system with fraudulent exercise on tracks. Plus, a brand new minimal play-time requirement might be applied on non-music and noise tracks.
The modifications come from conversations which have been going on between Spotify and the three main labels — Universal Music Group, Sony Music Entertainment and Warner Music Group — in addition to different labels and distributors, sources say.
READ MORE: Spotify Co-Founder Does Not Intend to Ban Music Generated by AI
But whereas Spotify and the labels say these modifications will cease fraud, what it appears like it would imply for small artists making an attempt to get their music heard on Spotify is that they are going to be paid even lower than they have been bringing in earlier than.
The 49 Rock + Metal Songs With Over One Billion Spotify Streams
Recapping the rock and steel songs which have eclipsed one billion streams on Spotify.
NOT INCLUDED: The definition of rock is extremely broad right now and, in this listing, we have elected to not embrace pop/rock acts corresponding to Imagine Dragons, Maroon 5, Twenty One Pilots, 5 Seconds of Summer, Coldplay, Goo Goo Dolls, Gym Class heroes and Train.
Gallery Credit: Joe DiVita
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