Spotify has artists billion dollar paid

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In the five years that Spotify exists, has the muziekstreamingdienst a total of a billion dollars paid out to copyright owners. That equates to nearly 740 million euros. Half of that amount was in 2013 paid.

Writes that Spotify on a special page for artists that this week is launched, and that the muziekstreamingdienst doubts with artists about Spotify is trying to take away. So would the amount that Spotify pays out to artists is much higher than that of competing services. From the site show in each case that the amount paid out significantly increasing: last year it was still more than half of the $ 500 million in 2013 to copyright holders is paid.

According to the muziekstreamingdienst be copyright owner, not per stream paid in, as sometimes is thought, have been playing the number of playing streams in the formula that is used to determine the amount that is paid out. Nevertheless, it is possible to the amount that, on average, per stream is paid out, to calculate. In that case the payment at 0.6 to 0,84 us cents per song stream, where Spotify recalling that for premium users, who pay for the service, more will be paid.

Ultimately, this comes down to is that an artist who, in July, a popular album had, in one month’s time 425.000 dollars if credit. Another artist with an album in the top 10 got 145.000 dollars, while a niche artist 3,300. Although the examples are anonymous, they are, according to Spotify taken from the real world.

Spotify, as far as known are still more users of the free version than paid subscribers. The most recent figures date from march: had Spotify 6 million paying users and 18 million “free” users. Recently, several artists, including Radiohead, criticised the altitude of the amounts Spotify pays out. Despite this, Radiohead still on Spotify.