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Which Streaming Service Pays The Most Artists Per Million Streams?

Streaming has revolutionized the way we consume music, making it easier than ever for artists to reach a global audience. However, with so many streaming platforms to choose from, it can be difficult for artists to decide where to distribute their music. One important factor to consider is how much each platform pays artists per million streams. In this article, we’ll take a look at the streaming services that offer the highest payouts to artists.

First, let’s take a look at Tidal. This platform, which is owned by rapper Jay-Z, is known for its commitment to artists’ rights and fair pay. According to a 2018 report by Digital Music News, Tidal pays the highest rate of any streaming service, with an average payout of $0.0126 per stream. This means that an artist would earn $12,600 for every one million streams on Tidal.

Next, we have Apple Music. This platform is known for its high payouts to artists, with an average rate of $0.0064 per stream. This means that an artist would earn $6,400 for every one million streams on Apple Music.

Amazon Music Unlimited is another platform that pays artists well. According to Digital Music News, the platform pays an average of $0.0038 per stream, which equates to $3,800 for every one million streams.

Spotify, the most popular streaming service, pays an average of $0.0038 per stream, which is the same as Amazon Music Unlimited. This means that an artist would earn $3,800 for every one million streams on Spotify.

Finally, YouTube, the most popular streaming platform for music videos, pays the lowest rate among these platforms. According to Digital Music News, YouTube pays an average of $0.00069 per stream, which equates to $690 for every one million streams.

It’s worth noting that these payouts are not fixed and can vary depending on the artist’s contract and other factors. However, the above figures give a general idea of how much each platform pays per million streams.

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Being an artist for a music streaming service can have several benefits, including:

  • Increased exposure: Streaming services have millions of users, so being featured on one can significantly increase an artist’s visibility and audience.
  • Royalties: Artists are paid royalties for each stream of their songs, which can provide a steady income stream.
  • Analytics: Streaming services often provide artists with detailed analytics about their listeners, such as demographics and listening habits, which can help them make more informed decisions about their career.
  • Promotion: Many streaming services actively promote new and emerging artists through playlists and other marketing efforts, which can help them gain new fans.
  • Direct-to-fan: Streaming services can give artists the ability to reach and interact directly with their fans, which helps them build and maintain a fanbase.

In conclusion, Tidal, Apple Music, and Amazon Music Unlimited offer the highest payouts to artists per million streams. If you are an artist and looking for the platform that pays you the most, Tidal should be your first choice, followed by Apple Music and Amazon Music Unlimited. Spotify and YouTube, while still popular, pay less per stream. As a musician, it’s important to weigh all the options and choose the platform that best suits your needs and goals.

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