Jump to content

Your Ad Could Be Here

How many artists are earning enough to live from Spotify and other streaming services?


626 views

Now my Statistics professors always said you can prove anything with stats .... but If you like statistics this is a good layout with a string of fresh data concerning what Spotify artists earned from its service in 2021.  

 

The streaming platform has updated its Loud & Clear website.  Below is one of many breakdowns  on what these stats represent.  

 

https://www.musicbusinessworldwide.com/52600-artists-generated-over-10k-on-spotify-last-year-and-15140-of-them-uploaded-their-own-music/

  • Like 1

8 Comments


Recommended Comments

Hi Peggy

 

I agree with what you say about stats, but it's also about how statements are framed.

  • is this data real rather than a Spotify-inflated marketing smokescreen? (Is it independently audited?)
  • "earning enough to live" ... what does that actually mean?
    • Enough to raise a family and pay a mortgage?
    • Enough to cover the artist's expenses like manager, advertising, insurance, equipment, travel and accommodation, services (like websites, recording), etc..?
  • In the U.S. the federal minimum wage is $7.25 per hour (about $15,000 annually).
    https://www.minimum-wage.org/federal
    I certainly could not live on that, and I'm retired, married and live in my own house!
  • I believe that most 'artists' still live with parents or couch-surf due to poor income
  • "36,100 artists generated between $10k and $50k on Spotify last year".  Quick back-of-the-envelope calcs indicate less than 20,000 of these artists will earn over $20,000.  And that's world-wide!

image.png.c31dc59dae8036d50c6a2fe77c6b0037.png

 

Cheers,

Greg

  • Like 1
Link to comment

@GregB

I am in the same situation as you and believe we are also the same age.  I have owned businesses alongside playing Music and the union also has a pension fund.  My money has always come from having multiple sources of income.

 

I do this now simply because I can and I enjoy doing it.  I would not expect to live off selling music on the web.  Both our overheads are probably too high to risk on that assumption.

  • Like 2
Link to comment
20 minutes ago, GregB said:

 

I agree with what you say about stats, but it's also about how statements are framed.

Oh yes, I completely agree.  I could have included several articles of analysis that used or highlighted the numbers in other ways bringing out different perspectives.  It might be fun to add those links in here.  

 

I'm not completely sure, but these numbers, I think are by Spotify. 

 

Living on Spotify, numbers for most of those receiving payments, not very likely and including other streaming services may get someone alittle closer but still would be a reach.

  • Like 1
Link to comment
54 minutes ago, Clay Anderson Johnson said:

money has always come from having multiple sources of income.

I know it's a pain in the a**, but I've always been a big proponent of merchandise for artists and bands (start small) as an additional income source.  Especially now, with such inexpensive availability of the music.  I surely have purchased a lot of favorite bands/artists t-shirts, decals, pictures/artwork, probably mouse pads and socks, too. Haha.   

  • Like 1
Link to comment
24 minutes ago, Peggy said:

I know it's a pain in the a**, but I've always been a big proponent of merchandise for artists and bands (start small) as an additional income source.  Especially now, with such inexpensive availability of the music.  I surely have a lot of t-shirts, decals, pictures/artwork, probably mouse pads and socks, too. Haha.   

 

The lion's share of my income has come from owning an Events Production company and a commercial website development company for businesses not individuals.

 

I have made money playing Music both live and in a studio however the other two produced much, much more which allowed me to pursue Music. I am a union member so I make good money when I play.  However that has never been my sole income nor did I wish it to be.

Edited by Clay Anderson Johnson
  • Like 2
Link to comment

I think most, probably have  additional income source(s) probably even as the primary income.  Did you work with a studio as a session musician?

Link to comment
1 hour ago, Peggy said:

I think most, probably have  additional income source(s) probably even as the primary income.  Did you work with a studio as a session musician?

 

I have in several, not for the studio but picked for an individual assignment. In early 2020 I was hospitalized with Covid for 28 days and suffered neurological damage.  This severely hampered my ability to play and can no longer do so at a professional studio level.  

 

I although I am a member there I have never lived in Nashville only gone there on short trips for work, usually staying with a friend who passed away from a stroke in 2020.  I don't like tourists.  

 

I actually live in a very small town just outside of DC in Maryland.  It is close to the city for dining and entertainment but very quiet, with no crime, as it is upper income with more police than you can imagine. There are so many cops you cannot leave home without seeing at least one and there are often 5-6 squad cars in a group on the main street. 

 

I keep my union membership more out of solidarity with AFM than for income.  I am a big believer in unions and collective bargaining to protect musicians. 

 

This is when I started my first DAW recordings last Summer.  I never used one until then.  I also built my first home studio in a spare bedroom at that time.

 

 

Edited by Clay Anderson Johnson
  • Like 2
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

By continuing to use our site you indicate acceptance of our Terms Of Service: Terms of Use, our Privacy Policy: Privacy Policy, our Community Guidelines: Guidelines and our use of Cookies We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.