Spotify paid 130 artists more than 5m last year

Spotify paid 130 artists more than 5m last year

Spotify has revealed it paid $7bn to music industry rights holders last year, accounting for almost 25% of the industry’s total revenues.

Spotify paid 130 artists more than $5m last year – BBC News

Companies are paying artists money. However , is it enough to live on artists nowadays are looking for more incomes . Especially with social media many people are more interested in the musician personal life. It has made it more of a reality show. This affects Artists because focus will be taken from their art upcoming artists need to be careful.

Upcoming artists can’t rely on these companies for their income. In fact you may need to work your day job for a while . Before you go full-time . The reality is that things have changed a lot of competition. How do you compete? practicing helps .Luck is also important .You can work really hard on a  song and still not be a hit .The secret is timing song may not be perfect for this album but for other singles is perfect. The truth you can’t rely on royalties waiting for your song to blow , will take a while. You need to be patient .

In conclusion , during the pandemic many people were using Spotify apple music .Which meant songwriters , Artists could rely on their royalty checks from tv Spotify apple music .Artists couldn’t perform because of the virus .This means royalty checks was their source. Songwriters write songs and  getting paid from these streaming platform is very important for them. Everybody is at home so anytime their song was played they would get paid. Spotify paid 130 artists more than 5m last year songwriters sometimes feel like they don’t get paid enough why is that?. For every stream a songwriter get paid on spotify 0033 per stream.