![]() Here’s the thing Spotify pays a meager $0.0035 per stream. While earning from the number of streams has empowered independent artists more than ever before, there’s a dark side to this framework. Attention has shifted to music promotion and earning from streaming services. With Spotify and other music streaming services dominating the music landscape, revenue from selling vinyl and CDs has taken a nosedive. ![]() What does this mean for artists looking to monetize their talents? Spotify Earning for Artists – A Bitter and Sweet Story This makes Spotify the largest music streaming platform by number of users/subscribers. Even more impressive, 130 million of these users were premium subscribers. In fact, recent investor statistics show that the Sweden-based company has over 286 million monthly active users. Sure, there are other worthy competitors such as Pandora, Deezer, and the increasingly aggressive Apple Music-but none of them really match up to Spotify. The green and black/white logo is nearly synonymous with online music streaming around the world. Or in our case, Spotify and music streaming services. ![]() Playlist Push. But wait! What comes to mind when we mention movie streaming services? Netflix, right? The same goes for Uber and ride-hailing services.
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