Loud & Clear

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</svg> <span class="hide-for-large">en</span> <span class="show-for-large">English</span> </a> </li> <li> <a href="#" id="open-dashboard" class='nav-icon open-dashboard'> <span></span> <span></span> <span></span> </a> </li> </ul> </div> </div> </div> </div> </div> <div class="menu-background"></div> <ul id="menu" class="show-for-large takeaway-menu"> <li data-menuanchor="introduction" class="active"><a href="#introduction">INTRODUCTION</a></li> <li data-menuanchor="takeaway-1"><a href="#takeaway-1"><span>01</span> <span class="text" data-text="A Record $10 Billion Payout">A Record $10 Billion Payout</span></a></li> <li data-menuanchor="takeaway-2"><a href="#takeaway-2"><span>02</span> <span class="text" data-text="Streaming’s Rising Tide">Streaming’s Rising Tide</span></a></li> <li data-menuanchor="takeaway-3"><a href="#takeaway-3"><span>03</span> <span class="text" data-text="Paradox of the Modern Music Industry">Paradox of the Modern Music Industry</span></a></li> <li data-menuanchor="takeaway-4"><a href="#takeaway-4"><span>04</span> <span class="text" data-text="The 100,000th Artist, Thousands in Royalties">The 100,000th Artist, Thousands in Royalties</span></a></li> <li data-menuanchor="takeaway-5"><a href="#takeaway-5"><span>05</span> <span class="text" data-text="Another Record Year for Songwriters">Another Record Year for Songwriters</span></a></li> <li data-menuanchor="takeaway-6"><a href="#takeaway-6"><span>06</span> <span class="text" data-text="New Music Millionaires">New Music Millionaires</span></a></li> <li data-menuanchor="takeaway-7"><a href="#takeaway-7"><span>07</span> <span class="text" data-text="The Export Factor">The Export Factor</span></a></li> <li data-menuanchor="takeaway-8"><a href="#takeaway-8"><span>08</span> <span class="text" data-text="Music Is Multilingual">Music Is Multilingual</span></a></li> <li data-menuanchor="takeaway-9"><a href="#takeaway-9"><span>09</span> <span class="text" data-text="The Sustained Rise of Indies">The Sustained Rise of Indies</span></a></li> <li data-menuanchor="takeaway-10"><a href="#takeaway-10"><span>10</span> <span class="text" data-text="One in a Million">One in a Million</span></a></li> <li data-menuanchor="top-10"><a href="#top-10">ALL</a></li> <li data-menuanchor="payouts"><a href="#payouts">THE PAYOUTS</a></li> <li class="process-link"><a href="#theprocess">THE PROCESS</a></li> </ul> <div id="fullpage"> <div class="section fp-auto-height-responsive" data-anchor="introduction"> <div class="grid-container"> <div class="grid-x grid-padding-x "> <div class="cell small-12 large-8 large-offset-4"> <h1>Our Annual Music Economics Report</h1> <p><span style="font-weight: 400">Artists deserve clarity about the economics of music streaming. This site aims to increase transparency by sharing new data on Spotify’s royalty payments and breaking down the global streaming economy, the players, and the process. </span></p> <p><span style="font-weight: 400">Explore the site for our top 10 takeaways from recent data. </span></p> <div class="disclaimer"> <p>Last updated March 2025; based on 2024 full-year data.</p> </div> <ul class="hide-for-large takeaway-menu static-menu"> <li data-menuanchor="takeaway-1"><a href="#takeaway-1"><span>01</span> <span class="text">A Record $10 Billion Payout</span></a></li> <li data-menuanchor="takeaway-2"><a href="#takeaway-2"><span>02</span> <span class="text">Streaming’s Rising Tide</span></a></li> <li data-menuanchor="takeaway-3"><a href="#takeaway-3"><span>03</span> <span class="text">Paradox of the Modern Music Industry</span></a></li> <li data-menuanchor="takeaway-4"><a href="#takeaway-4"><span>04</span> <span class="text">The 100,000th Artist, Thousands in Royalties</span></a></li> <li data-menuanchor="takeaway-5"><a href="#takeaway-5"><span>05</span> <span class="text">Another Record Year for Songwriters</span></a></li> <li data-menuanchor="takeaway-6"><a href="#takeaway-6"><span>06</span> <span class="text">New Music Millionaires</span></a></li> <li data-menuanchor="takeaway-7"><a href="#takeaway-7"><span>07</span> <span class="text">The Export Factor</span></a></li> <li data-menuanchor="takeaway-8"><a href="#takeaway-8"><span>08</span> <span class="text">Music Is Multilingual</span></a></li> <li data-menuanchor="takeaway-9"><a href="#takeaway-9"><span>09</span> <span class="text">The Sustained Rise of Indies</span></a></li> <li data-menuanchor="takeaway-10"><a href="#takeaway-10"><span>10</span> <span class="text">One in a Million</span></a></li> <li data-menuanchor="top-10"><a href="#top-10">ALL</a></li> <li data-menuanchor="payouts"><a href="#payouts">THE PAYOUTS</a></li> <li class="process-link"><a href="#theprocess">THE PROCESS</a></li> </ul> </div> </div> </div> </div> <div class="section fp-auto-height-responsive white takeaway-1" data-anchor="takeaway-1" data-current="1"> <div class="grid-container"> <div class="grid-x medium-center"> <div class="cell small-12 large-6 large-offset-1 graphic"> <div class="show-for-small-only"> <img src="https://loudandclear.byspotify.com/wp-content/themes/loudandclear-3/assets/images/2025/takeaway-1-mobile.png" alt="$10B+"> </div> <div class="show-for-medium-only"> <img src="https://loudandclear.byspotify.com/wp-content/themes/loudandclear-3/assets/images/2025/takeaway-1-tablet.png" alt="$10B+"> </div> </div> <div class="cell small-12 medium-11 large-offset-0 large-5 content"> <div class="meta"> <div class="pagination show-for-large"> 01   /   10 </div> <div class="pagination hide-for-large " data-toggle="menu-dropdown-1"> 01   /   10 </div> <div class="dropdown-pane menu-dropdown" id="menu-dropdown-1" data-dropdown data-close-on-click="true" data-v-offset="16" data-position="bottom"> <ul 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21.6243 22.2081 21.6874 22.2288C21.7505 22.2496 21.8089 22.2826 21.8592 22.326C22.5222 22.8964 23.5016 22.8694 24.134 22.2371L26.5051 19.866C27.1681 19.203 27.1681 18.1578 26.5051 17.4949C25.8422 16.8319 24.797 16.8319 24.134 17.4949L21.8815 19.7475C21.835 19.7953 21.7795 19.8333 21.7182 19.8595C21.6569 19.8857 21.591 19.8994 21.5243 19.8999C21.4577 19.9003 21.3916 19.8876 21.3299 19.8623C21.2682 19.837 21.2122 19.7997 21.1651 19.7525C21.1179 19.7054 21.0806 19.6494 21.0553 19.5877C21.03 19.526 21.0173 19.4599 21.0177 19.3933C21.0182 19.3266 21.0319 19.2607 21.0581 19.1994C21.0843 19.1381 21.1223 19.0826 21.1701 19.0361L23.4227 16.7836C24.4674 15.7388 26.1718 15.7388 27.2165 16.7835C28.2612 17.8282 28.2612 19.5326 27.2164 20.5773L24.8453 22.9484Z" fill="black" stroke="black" stroke-width="0.3"/> </svg> </a></li> </ul> </div> </div> </div> <h2>A Record $10 Billion Payout</h2> <div class="scroll"> <div class="inner"> <div class="large-text"> <p>For another year, Spotify was the highest-paying retailer globally — paying the music industry over $10 billion in 2024. This brings total lifetime payouts to nearly $60 billion.</p> </div> <div class="body-text"> <p><span style="font-weight: 400">Spotify paid out more than any other retailer or streaming service in 2024, but that’s not all. </span></p> <p><span style="font-weight: 400">Our $10 billion payout is the largest in music industry history — more than any single retailer has ever paid in a year, and over 10x the contribution of the largest record store at the height of the CD era.</span></p> </div> </div> </div> <div class="show-for-large scroll-indicator hide"><svg width="200" height="15" viewBox="0 0 200 15" fill="none" xmlns="http://www.w3.org/2000/svg"> <text fill="#9BF0E1" xml:space="preserve" style="white-space: pre" font-family="Spotify Mix" font-size="13" font-weight="900" letter-spacing="0px"><tspan x="24" y="11.7575">SCROLL</tspan></text> <path d="M1 6.64702L7.5 12.8741L14 6.64702" stroke="#9BF0E1" stroke-width="2"/> <path d="M7.49902 13L7.49902 0" stroke="#9BF0E1" stroke-width="2"/> </svg> </div> </div> </div> </div> </div><div class="section fp-auto-height-responsive black takeaway-2" data-anchor="takeaway-2" data-current="2"> <div class="grid-container"> <div class="grid-x medium-center"> <div class="cell small-12 large-6 large-offset-1 graphic"> <p class="top-text">Spotify payouts have increased by <strong>10x</strong> over the past 10 years</p> <img src="https://loudandclear.byspotify.com/wp-content/themes/loudandclear-3/assets/images/2025/takeaway-2.png" alt="Spotify payouts have increased by 10x over the past 10 years"> <p class="bottom-text">Fueling a <strong>more than 2x increase</strong> in music industry revenue over the same period</p> </div> <div class="cell small-12 medium-11 large-offset-0 large-5 content"> <div class="meta"> <div class="pagination show-for-large"> 02   /   10 </div> <div class="pagination hide-for-large " data-toggle="menu-dropdown-2"> 02   /   10 </div> <div class="dropdown-pane menu-dropdown" id="menu-dropdown-2" data-dropdown data-close-on-click="true" data-v-offset="16" data-position="bottom"> <ul class="takeaway-menu static-menu"> <li data-menuanchor="introduction"><a href="#introduction">INTRODUCTION</a></li> <li><a class="close">Close</a></li> </ul> </div> <div class="share-outer"> <a class="share-toggle" data-toggle="share-dropdown-2"><span>Share</span> <svg width="11" height="11" viewBox="0 0 11 11" fill="none" xmlns="http://www.w3.org/2000/svg" fill="currentColor"> <path fill-rule="evenodd" clip-rule="evenodd" d="M7.43896 2.62332L0.824219 9.21742L2.24064 10.6294L8.85717 4.03354L8.98135 9.80702L10.9809 9.84976L10.8055 1.69597L10.784 0.696206L9.78424 0.674836L1.60492 0.5L1.64793 2.49954L7.43896 2.62332Z" fill="currentColor"/> </svg> </a> <div class="dropdown-pane top share" id="share-dropdown-2" data-dropdown data-close-on-click="true" data-position="top" data-v-offset="3" data-h-offset="0"> <ul class="menu horizontal social-share"> <li><a 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class="inner"> <div class="large-text"> <p>In the decade from 2014 to 2024, Spotify’s yearly payouts to the music industry increased 10x from $1 billion to over $10 billion.</p> </div> <div class="body-text"> <p><span style="font-weight: 400">In 2014, the music industry hit a low point when global recorded music revenues were only $13 billion. Spotify’s annual contribution was around $1 billion at the time, with around 15 million paying subscribers.</span></p> <p><span style="font-weight: 400">Spotify has been on a mission to get the world to value music again — and the system we’ve built together is working. Since the low point, global recorded revenue has more than doubled to almost $30 billion in 2024 (IFPI). Today, there are well over 500 million paying listeners across all music streaming services.</span></p> </div> </div> </div> <div class="show-for-large scroll-indicator hide"><svg width="200" height="15" viewBox="0 0 200 15" fill="none" xmlns="http://www.w3.org/2000/svg"> <text fill="#9BF0E1" xml:space="preserve" style="white-space: pre" font-family="Spotify Mix" font-size="13" font-weight="900" letter-spacing="0px"><tspan x="24" y="11.7575">SCROLL</tspan></text> <path d="M1 6.64702L7.5 12.8741L14 6.64702" stroke="#9BF0E1" stroke-width="2"/> <path d="M7.49902 13L7.49902 0" stroke="#9BF0E1" stroke-width="2"/> </svg> </div> </div> </div> </div> </div><div class="section fp-auto-height-responsive white takeaway-3" data-anchor="takeaway-3" data-current="3"> <div class="grid-container"> <div class="grid-x medium-center"> <div class="cell small-12 large-6 large-offset-1 graphic"> <p class="top-text"> The number of artists generating royalties at every threshold has at least <strong>tripled</strong> since 2017</p> <div><img src="https://loudandclear.byspotify.com/wp-content/themes/loudandclear-3/assets/images/2025/takeaway-3.png" alt="Then - Now" /></div> <p class="bottom-text">But the number of people with at least one track on Spotify has increased <strong>even more</strong></p> <span class="hide">Then</span> <span class="hide">Now</span> </div> <div class="cell small-12 medium-11 large-offset-0 large-5 content"> <div class="meta"> <div class="pagination show-for-large"> 03   /   10 </div> <div class="pagination hide-for-large " data-toggle="menu-dropdown-3"> 03   /   10 </div> <div class="dropdown-pane menu-dropdown" id="menu-dropdown-3" data-dropdown data-close-on-click="true" data-v-offset="16" data-position="bottom"> <ul class="takeaway-menu static-menu"> <li data-menuanchor="introduction"><a href="#introduction">INTRODUCTION</a></li> <li><a class="close">Close</a></li> </ul> </div> <div class="share-outer"> <a class="share-toggle" 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19.7953 21.7795 19.8333 21.7182 19.8595C21.6569 19.8857 21.591 19.8994 21.5243 19.8999C21.4577 19.9003 21.3916 19.8876 21.3299 19.8623C21.2682 19.837 21.2122 19.7997 21.1651 19.7525C21.1179 19.7054 21.0806 19.6494 21.0553 19.5877C21.03 19.526 21.0173 19.4599 21.0177 19.3933C21.0182 19.3266 21.0319 19.2607 21.0581 19.1994C21.0843 19.1381 21.1223 19.0826 21.1701 19.0361L23.4227 16.7836C24.4674 15.7388 26.1718 15.7388 27.2165 16.7835C28.2612 17.8282 28.2612 19.5326 27.2164 20.5773L24.8453 22.9484Z" fill="black" stroke="black" stroke-width="0.3"/> </svg> </a></li> </ul> </div> </div> </div> <h2>Paradox of the Modern Music Industry</h2> <div class="scroll"> <div class="inner"> <div class="body-text"> <p><span style="font-weight: 400">There are more artists making more money on Spotify than ever before. In fact, the number of artists generating royalties at </span><a href="https://loudandclear.byspotify.com/#payouts"><span style="font-weight: 400">every threshold on this site</span></a><span style="font-weight: 400"> — from $1,000 to $10 million per year* — has at least tripled since 2017. Ten years ago, the top artist on Spotify generated just over $5 million. Today, there are over 200 artists who have passed that threshold.</span></p> <p><span style="font-weight: 400">Know what’s grown even faster? The number of uploaders to Spotify, which is now nearly 12 million. Looking back to the peak of the CD era, only a few thousand artists had their music on the shelves of record stores.</span></p> <p><span style="font-weight: 400">The paradox? Streaming has allowed millions to easily share their music globally — that’s an amazing thing. But the sheer volume of uploaders means the fraction who find success appears smaller over time. The fact remains: Thanks to streaming, more artists than ever before are generating royalties at every career stage. More than at any time in music history. And we think that’s what really matters.</span></p> <p><small>*These figures represent revenue generated from Spotify alone. Taking into account earnings from other recorded revenue streams, these artists likely generated more than 4x this amount.</small></p> </div> </div> </div> <div class="show-for-large scroll-indicator hide"><svg width="200" height="15" viewBox="0 0 200 15" fill="none" xmlns="http://www.w3.org/2000/svg"> <text fill="#9BF0E1" xml:space="preserve" style="white-space: pre" font-family="Spotify Mix" font-size="13" font-weight="900" letter-spacing="0px"><tspan x="24" y="11.7575">SCROLL</tspan></text> <path d="M1 6.64702L7.5 12.8741L14 6.64702" stroke="#9BF0E1" stroke-width="2"/> <path d="M7.49902 13L7.49902 0" stroke="#9BF0E1" stroke-width="2"/> </svg> </div> </div> </div> </div> </div><div class="section fp-auto-height-responsive black takeaway-4" data-anchor="takeaway-4" data-current="4"> <div class="grid-container"> <div class="grid-x medium-center"> <div class="cell small-12 large-6 large-offset-1 graphic"> <p class="top-text"> The <span>100,000th-ranked artist</span> generated almost <strong>$6K</strong> in Spotify royalties</p> <div><img src="https://loudandclear.byspotify.com/wp-content/themes/loudandclear-3/assets/images/2025/takeaway-4.png" alt="The 100,000th-ranked artist generated almost $6K in Spotify royalties" /></div> <span class="hide">100 artists</span> <span class="hide">1 artist</span> <span class="hide">100,000th artist</span> </div> <div class="cell small-12 medium-11 large-offset-0 large-5 content"> <div class="meta"> <div class="pagination show-for-large"> 04   /   10 </div> <div class="pagination hide-for-large " data-toggle="menu-dropdown-4"> 04   /   10 </div> <div class="dropdown-pane menu-dropdown" id="menu-dropdown-4" data-dropdown data-close-on-click="true" data-v-offset="16" data-position="bottom"> <ul class="takeaway-menu static-menu"> <li data-menuanchor="introduction"><a href="#introduction">INTRODUCTION</a></li> <li><a class="close">Close</a></li> </ul> </div> <div class="share-outer"> <a class="share-toggle" 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period, the 10,000th-ranked artist on Spotify has seen their royalties increase almost 4x – from $34K to $131K.</span></p> <p><span style="font-weight: 400">As a point of comparison, at the peak of the CD era, Tower Records carried only 50,000 CDs from thousands of artists in total (</span><a href="https://www.nytimes.com/1991/02/15/arts/looking-for-listening-in-a-city-of-music.html#:~:text=Tower%20carries%20more%20than%2050%2C000,to%20have%20every%20album%20around"><span style="font-weight: 400">source</span></a><span style="font-weight: 400">). Today, however, over 100,000 artists are generating thousands in royalties on Spotify alone.</span></p> <p><small>*Rankings are based on royalties generated, from highest to lowest.</small></p> </div> </div> </div> <div class="show-for-large scroll-indicator hide"><svg width="200" height="15" viewBox="0 0 200 15" fill="none" xmlns="http://www.w3.org/2000/svg"> <text fill="#9BF0E1" xml:space="preserve" style="white-space: pre" font-family="Spotify Mix" font-size="13" font-weight="900" letter-spacing="0px"><tspan x="24" y="11.7575">SCROLL</tspan></text> <path d="M1 6.64702L7.5 12.8741L14 6.64702" stroke="#9BF0E1" stroke-width="2"/> <path d="M7.49902 13L7.49902 0" stroke="#9BF0E1" stroke-width="2"/> </svg> </div> </div> </div> </div> </div><div class="section fp-auto-height-responsive black takeaway-5" data-anchor="takeaway-5" data-current="5"> <div class="grid-container"> <div class="grid-x medium-center"> <div class="cell small-12 large-6 large-offset-1 graphic"> <p class="top-text show-for-large"><strong>Nearly</strong> <span>$4.5B</span> has been paid out to publishing rights holders over the last two years</p> <p class="bottom-text show-for-large">Our 2024 publishing payouts saw <strong>double-digit percentage growth</strong> compared to 2023</p> <div class="hide-for-large mobile-graphic"> <p class="top-text"><strong>Nearly</strong> <span>$4.5B</span> has been paid out to publishing rights holders over the last two years</p> <img src="https://loudandclear.byspotify.com/wp-content/themes/loudandclear-3/assets/images/2025/takeaway-5-mobile.png" alt="Another Record Year for Songwriters" class="show-for-small-only"> <img src="https://loudandclear.byspotify.com/wp-content/themes/loudandclear-3/assets/images/2025/takeaway-5-tablet.png" alt="Another Record Year for Songwriters" class="show-for-medium-only"> <p class="bottom-text">Our 2024 publishing payouts saw <strong>double-digit percentage growth</strong> compared to 2023</p> </div> </div> <div class="cell small-12 medium-11 large-offset-0 large-5 content"> <div class="meta"> <div class="pagination show-for-large"> 05   /   10 </div> <div class="pagination hide-for-large " data-toggle="menu-dropdown-5"> 05   /   10 </div> <div class="dropdown-pane menu-dropdown" id="menu-dropdown-5" data-dropdown data-close-on-click="true" data-v-offset="16" data-position="bottom"> <ul class="takeaway-menu static-menu"> <li data-menuanchor="introduction"><a href="#introduction">INTRODUCTION</a></li> <li><a class="close">Close</a></li> </ul> </div> <div class="share-outer"> <a class="share-toggle" data-toggle="share-dropdown-5"><span>Share</span> <svg width="11" height="11" viewBox="0 0 11 11" fill="none" xmlns="http://www.w3.org/2000/svg" fill="currentColor"> <path fill-rule="evenodd" clip-rule="evenodd" d="M7.43896 2.62332L0.824219 9.21742L2.24064 10.6294L8.85717 4.03354L8.98135 9.80702L10.9809 9.84976L10.8055 1.69597L10.784 0.696206L9.78424 0.674836L1.60492 0.5L1.64793 2.49954L7.43896 2.62332Z" 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16.7836C24.4674 15.7388 26.1718 15.7388 27.2165 16.7835C28.2612 17.8282 28.2612 19.5326 27.2164 20.5773L24.8453 22.9484Z" fill="black" stroke="black" stroke-width="0.3"/> </svg> </a></li> </ul> </div> </div> </div> <h2>Another Record Year for Songwriters</h2> <div class="scroll"> <div class="inner"> <div class="large-text"> <p>Spotify paid out nearly $4.5 billion to publishing rights holders – who represent songwriters – over the last two years.</p> </div> <div class="body-text"> <p><span style="font-weight: 400">Our music-publishing payout hit a new peak in 2024, seeing double-digit-percentage growth compared to 2023.</span></p> <p><span style="font-weight: 400">Songwriters – through their publishers, PROs, and collecting societies – are generating record-breaking revenues driven by streaming services.</span></p> </div> </div> </div> <div class="show-for-large scroll-indicator hide"><svg width="200" height="15" viewBox="0 0 200 15" fill="none" xmlns="http://www.w3.org/2000/svg"> <text fill="#9BF0E1" xml:space="preserve" style="white-space: pre" font-family="Spotify Mix" font-size="13" font-weight="900" letter-spacing="0px"><tspan x="24" y="11.7575">SCROLL</tspan></text> <path d="M1 6.64702L7.5 12.8741L14 6.64702" stroke="#9BF0E1" stroke-width="2"/> <path d="M7.49902 13L7.49902 0" stroke="#9BF0E1" stroke-width="2"/> </svg> </div> </div> </div> </div> </div><div class="section fp-auto-height-responsive white takeaway-6" data-anchor="takeaway-6" data-current="6"> <div class="grid-container"> <div class="grid-x medium-center"> <div class="cell small-12 large-6 large-offset-1 graphic"> <p class="top-text"> Nearly <span>1,500 artists</span> generated over <strong>$1M</strong> in royalties on Spotify</p> <div><img src="https://loudandclear.byspotify.com/wp-content/themes/loudandclear-3/assets/images/2025/takeaway-6.png" alt="More than 80% didn't have a song reach the Spotify Global Daily Top 50 chart" /></div> <span class="hide">1,500 artists</span> <span class="hide">$1M+</span> </div> <div class="cell small-12 medium-11 large-offset-0 large-5 content"> <div class="meta"> <div class="pagination show-for-large"> 06   /   10 </div> <div class="pagination hide-for-large " data-toggle="menu-dropdown-6"> 06   /   10 </div> <div class="dropdown-pane menu-dropdown" id="menu-dropdown-6" data-dropdown data-close-on-click="true" data-v-offset="16" data-position="bottom"> <ul class="takeaway-menu static-menu"> <li data-menuanchor="introduction"><a href="#introduction">INTRODUCTION</a></li> <li><a class="close">Close</a></li> </ul> </div> <div class="share-outer"> <a class="share-toggle" data-toggle="share-dropdown-6"><span>Share</span> <svg width="11" height="11" viewBox="0 0 11 11" fill="none" xmlns="http://www.w3.org/2000/svg" fill="currentColor"> <path fill-rule="evenodd" clip-rule="evenodd" d="M7.43896 2.62332L0.824219 9.21742L2.24064 10.6294L8.85717 4.03354L8.98135 9.80702L10.9809 9.84976L10.8055 1.69597L10.784 0.696206L9.78424 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Over 80% of them are actively touring artists with at least one ticketed event in 2024.</span></p> <p><span style="font-weight: 400">Success in the streaming era doesn’t require a chart-topping hit or a decade-spanning catalog – it’s about building a loyal fanbase that keeps coming back.</span></p> <p><small>*As a rule of thumb on Spotify, artists can start approaching $1 million per year with around 4-5 million monthly listeners or 20-25 million monthly streams.</small></p> </div> </div> </div> <div class="show-for-large scroll-indicator hide"><svg width="200" height="15" viewBox="0 0 200 15" fill="none" xmlns="http://www.w3.org/2000/svg"> <text fill="#9BF0E1" xml:space="preserve" style="white-space: pre" font-family="Spotify Mix" font-size="13" font-weight="900" letter-spacing="0px"><tspan x="24" y="11.7575">SCROLL</tspan></text> <path d="M1 6.64702L7.5 12.8741L14 6.64702" stroke="#9BF0E1" stroke-width="2"/> <path d="M7.49902 13L7.49902 0" stroke="#9BF0E1" stroke-width="2"/> </svg> </div> </div> </div> </div> </div><div class="section fp-auto-height-responsive white takeaway-7" data-anchor="takeaway-7" data-current="7"> <div class="grid-container"> <div class="grid-x medium-center"> <div class="cell small-12 large-6 large-offset-1 graphic"> <p class="top-text">Artists see <strong>even more</strong> <span>royalties</span> come from abroad vs.<br /> their home countries</p> <div class="show-for-small-only"> <img src="https://loudandclear.byspotify.com/wp-content/themes/loudandclear-3/assets/images/2025/takeaway-7-mobile.png" alt="Artists see even more royalties come from abroad vs. their home countries"> </div> <div class="show-for-medium-only"> <img src="https://loudandclear.byspotify.com/wp-content/themes/loudandclear-3/assets/images/2025/takeaway-7-tablet.png" alt="Artists see even more royalties come from abroad vs. their home countries"> </div> </div> <div class="cell small-12 medium-11 large-offset-0 large-5 content"> <div class="meta"> <div class="pagination show-for-large"> 07   /   10 </div> <div class="pagination hide-for-large " data-toggle="menu-dropdown-7"> 07   /   10 </div> <div class="dropdown-pane menu-dropdown" id="menu-dropdown-7" data-dropdown data-close-on-click="true" data-v-offset="16" data-position="bottom"> <ul class="takeaway-menu static-menu"> <li data-menuanchor="introduction"><a href="#introduction">INTRODUCTION</a></li> <li><a class="close">Close</a></li> </ul> </div> <div class="share-outer"> <a class="share-toggle" data-toggle="share-dropdown-7"><span>Share</span> <svg width="11" height="11" viewBox="0 0 11 11" fill="none" xmlns="http://www.w3.org/2000/svg" fill="currentColor"> <path fill-rule="evenodd" clip-rule="evenodd" d="M7.43896 2.62332L0.824219 9.21742L2.24064 10.6294L8.85717 4.03354L8.98135 9.80702L10.9809 9.84976L10.8055 1.69597L10.784 0.696206L9.78424 0.674836L1.60492 0.5L1.64793 2.49954L7.43896 2.62332Z" fill="currentColor"/> </svg> </a> <div class="dropdown-pane top share" id="share-dropdown-7" 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stroke="black" stroke-width="0.3"/> </svg> </a></li> </ul> </div> </div> </div> <h2>The Export Factor</h2> <div class="scroll"> <div class="inner"> <div class="large-text"> <p>Most professional and emerging artists see more money come from abroad than from their home markets: Of the artists who generated $1K+ in royalties on Spotify in 2024, more than half saw most of their royalties come from listeners outside of their home countries.</p> </div> <div class="body-text"> <p><span style="font-weight: 400">In fact, almost one-third of them generated </span><i><span style="font-weight: 400">more than 75%</span></i><span style="font-weight: 400"> of their royalties from listeners outside their home countries.</span></p> <p><span style="font-weight: 400">Meanwhile, over half of all artists generating $1K+ have collaborated with at least one artist from another country. And more than 80% of all artists generating $100K+ have collaborated with at least one artist from abroad.</span></p> <p><span style="font-weight: 400">As Spotify’s listener base continues to expand globally, artists are increasingly able to connect with fans far beyond their home markets — growing their reach and their earning potential on a global scale.</span></p> </div> </div> </div> <div class="show-for-large scroll-indicator hide"><svg width="200" height="15" viewBox="0 0 200 15" fill="none" xmlns="http://www.w3.org/2000/svg"> <text fill="#9BF0E1" xml:space="preserve" style="white-space: pre" font-family="Spotify Mix" font-size="13" font-weight="900" letter-spacing="0px"><tspan x="24" y="11.7575">SCROLL</tspan></text> <path d="M1 6.64702L7.5 12.8741L14 6.64702" stroke="#9BF0E1" stroke-width="2"/> <path d="M7.49902 13L7.49902 0" stroke="#9BF0E1" stroke-width="2"/> </svg> </div> </div> </div> </div> </div><div class="section fp-auto-height-responsive black takeaway-8" data-anchor="takeaway-8" data-current="8"> <div class="grid-container"> <div class="grid-x medium-center"> <div class="cell small-12 large-6 large-offset-1 graphic"> <p class="top-text">Music in <span>eight different languages</span> each earned over <strong>$100M</strong> in royalties</p> <img src="https://loudandclear.byspotify.com/wp-content/themes/loudandclear-3/assets/images/2025/takeaway-8.png" alt="Music in eight different languages each generated over $100M in royalties"> <p class="bottom-text">In 2017, only English and Spanish individually surpassed that threshold</p> </div> <div class="cell small-12 medium-11 large-offset-0 large-5 content"> <div class="meta"> <div class="pagination show-for-large"> 08   /   10 </div> <div class="pagination hide-for-large " data-toggle="menu-dropdown-8"> 08   /   10 </div> <div class="dropdown-pane menu-dropdown" id="menu-dropdown-8" data-dropdown data-close-on-click="true" data-v-offset="16" data-position="bottom"> <ul class="takeaway-menu static-menu"> <li data-menuanchor="introduction"><a href="#introduction">INTRODUCTION</a></li> <li><a class="close">Close</a></li> </ul> </div> <div class="share-outer"> <a class="share-toggle" data-toggle="share-dropdown-8"><span>Share</span> <svg width="11" height="11" viewBox="0 0 11 11" fill="none" xmlns="http://www.w3.org/2000/svg" fill="currentColor"> <path fill-rule="evenodd" clip-rule="evenodd" d="M7.43896 2.62332L0.824219 9.21742L2.24064 10.6294L8.85717 4.03354L8.98135 9.80702L10.9809 9.84976L10.8055 1.69597L10.784 0.696206L9.78424 0.674836L1.60492 0.5L1.64793 2.49954L7.43896 2.62332Z" fill="currentColor"/> </svg> </a> <div class="dropdown-pane top share" id="share-dropdown-8" data-dropdown data-close-on-click="true" data-position="top" data-v-offset="3" data-h-offset="0"> <ul class="menu horizontal social-share"> <li><a href="https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Floudandclear.byspotify.com%2F%3Ftakeaway%3D8%26yr%3D2025" target="_blank"><svg width="44" 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is thriving like never before — artists everywhere are breaking barriers and reaching new heights.</span></p> <p><span style="font-weight: 400">In 2024, the artists who generated at least $1 million on Spotify recorded music in 17 different languages. That’s up more than double from 2017.</span></p> <p><span style="font-weight: 400">The artists who generated at least $100K in royalties have recorded music in over 50 languages — also more than double the number of languages at that threshold in 2017.</span></p> </div> </div> </div> <div class="show-for-large scroll-indicator hide"><svg width="200" height="15" viewBox="0 0 200 15" fill="none" xmlns="http://www.w3.org/2000/svg"> <text fill="#9BF0E1" xml:space="preserve" style="white-space: pre" font-family="Spotify Mix" font-size="13" font-weight="900" letter-spacing="0px"><tspan x="24" y="11.7575">SCROLL</tspan></text> <path d="M1 6.64702L7.5 12.8741L14 6.64702" stroke="#9BF0E1" stroke-width="2"/> <path d="M7.49902 13L7.49902 0" stroke="#9BF0E1" stroke-width="2"/> </svg> </div> </div> </div> </div> </div><div class="section fp-auto-height-responsive white takeaway-9" data-anchor="takeaway-9" data-current="9"> <div class="grid-container"> <div class="grid-x medium-center"> <div class="cell small-12 large-6 large-offset-1 graphic"> <div><img src="https://loudandclear.byspotify.com/wp-content/themes/loudandclear-3/assets/images/2025/takeaway-9.png" alt="In 2024, independent artists and labels collectively generated more than $5 billion from Spotify — representing about half of total Spotify royalties for another year."></div> <span class="hide">$5B+</span> <span class="hide">Spotify royalty payouts</span> <span class="hide">~50%</span> <span class="hide">Indies streaming revenue</span> </div> <div class="cell small-12 medium-11 large-offset-0 large-5 content"> <div class="meta"> <div class="pagination show-for-large"> 09   /   10 </div> <div class="pagination hide-for-large " data-toggle="menu-dropdown-9"> 09   /   10 </div> <div class="dropdown-pane menu-dropdown" id="menu-dropdown-9" data-dropdown data-close-on-click="true" data-v-offset="16" data-position="bottom"> <ul class="takeaway-menu static-menu"> <li data-menuanchor="introduction"><a 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collectively* generated more than $5 billion from Spotify — representing about half of total Spotify royalties for another year.</p> </div> <div class="body-text"> <p><span style="font-weight: 400">Spotify globally represents about one-third of overall recorded streaming revenue (IFPI), but represents over 50% of Indies’ streaming revenue (MIDiA). That over-index of Spotify in Indies’ revenue shows that our model uniquely creates more opportunities for more artists to build sustainable careers in music. </span></p> <p><small>*The catalogs of DIY artists and artists signed to independent record labels.</small></p> </div> </div> </div> <div class="show-for-large scroll-indicator hide"><svg width="200" height="15" viewBox="0 0 200 15" fill="none" xmlns="http://www.w3.org/2000/svg"> <text fill="#9BF0E1" xml:space="preserve" style="white-space: pre" font-family="Spotify Mix" font-size="13" font-weight="900" letter-spacing="0px"><tspan x="24" y="11.7575">SCROLL</tspan></text> <path d="M1 6.64702L7.5 12.8741L14 6.64702" stroke="#9BF0E1" stroke-width="2"/> <path d="M7.49902 13L7.49902 0" stroke="#9BF0E1" stroke-width="2"/> </svg> </div> </div> </div> </div> </div><div class="section fp-auto-height-responsive white takeaway-10" data-anchor="takeaway-10" data-current="10"> <div class="grid-container"> <div class="grid-x medium-center"> <div class="cell small-12 large-6 large-offset-1 graphic"> <p class="top-text">One in every <strong>million streams</strong> = <span>$10K/year</span></p> <div><img src="https://loudandclear.byspotify.com/wp-content/themes/loudandclear-3/assets/images/2025/takeaway-10.png" alt="One in a million"></div> <span class="hide">2014 streamshare</span> <span class="hide">2024 streamshare</span> <span class="hide">1 millionth of total streamshare = $1,000</span> <span class="hide">1 millionth of total streamshare = $10,000</span> </div> <div class="cell small-12 medium-11 large-offset-0 large-5 content"> <div class="meta"> <div class="pagination show-for-large"> 10   /   10 </div> <div class="pagination hide-for-large " data-toggle="menu-dropdown-10"> 10   /   10 </div> <div class="dropdown-pane menu-dropdown" id="menu-dropdown-10" data-dropdown data-close-on-click="true" data-v-offset="16" data-position="bottom"> <ul class="takeaway-menu static-menu"> <li data-menuanchor="introduction"><a 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in every million streams on Spotify generated over $10,000 on average. That’s 10x what the same streamshare would have generated a decade ago.</p> </div> <div class="body-text"> <p><span style="font-weight: 400">Major streaming services all calculate payouts the same way: based on streamshare (if an artist’s catalog accounts for 1% of total streams, it would earn 1% of total royalties). Still, misconceptions about “per-stream rates” remain widespread.</span></p> <p><span style="font-weight: 400">Streaming services don’t pay out based on a fixed per-stream rate — just like listeners don’t pay per song they listen to. Across services, each subscriber contributes roughly the same amount to the royalty pool. So, a higher “per-stream rate” just means that users are streaming less. Think about it: If a service had a “per-stream rate” of $1, that would mean each subscriber, on average, only streams about 10 times per month. Clearly, a service like that isn’t providing much value, making it unlikely that users would keep paying for it.</span></p> <p><span style="font-weight: 400">Artists earn more on Spotify for the same level of popularity. In 2024, 0.0001% of total streams generated over $10,000 on average. One in a million? That’s more valuable than ever before — and more valuable here than anywhere else.</span></p> </div> </div> </div> <div class="show-for-large scroll-indicator hide"><svg width="200" height="15" viewBox="0 0 200 15" fill="none" xmlns="http://www.w3.org/2000/svg"> <text fill="#9BF0E1" xml:space="preserve" style="white-space: pre" font-family="Spotify Mix" font-size="13" font-weight="900" letter-spacing="0px"><tspan x="24" y="11.7575">SCROLL</tspan></text> <path d="M1 6.64702L7.5 12.8741L14 6.64702" stroke="#9BF0E1" stroke-width="2"/> <path d="M7.49902 13L7.49902 0" stroke="#9BF0E1" stroke-width="2"/> </svg> </div> </div> </div> </div> </div> <div class="section fp-auto-height-responsive" data-anchor="top-10"> <div class="grid-container"> <div class="grid-x grid-padding-x "> <div class="cell small-12 large-11 large-offset-1 scroll"> <h2 class="text-center">The Top 10 Takeaways</h2> <div class="grid-swiper-container"> <div class="all-takeaways swiper-wrapper"> <a data-menuanchor="takeaway-1" href="#takeaway-1" class="grid-item swiper-slide grid-item-1"> <p>A Record $10 Billion Payout</p> <div class="image"> <img width="376" height="470" src="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T1-4x5-2.png" class="attachment-large size-large" alt="" decoding="async" fetchpriority="high" srcset="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T1-4x5-2.png 376w, https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T1-4x5-2-240x300.png 240w" sizes="(max-width: 376px) 100vw, 376px" /> </div> </a> <a data-menuanchor="takeaway-2" href="#takeaway-2" class="grid-item swiper-slide grid-item-2"> <p>Streaming’s Rising Tide</p> <div class="image"> <img width="376" height="470" src="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T2-4x5-1.png" class="attachment-large size-large" alt="" decoding="async" srcset="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T2-4x5-1.png 376w, https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T2-4x5-1-240x300.png 240w" sizes="(max-width: 376px) 100vw, 376px" /> </div> </a> <a data-menuanchor="takeaway-3" href="#takeaway-3" class="grid-item swiper-slide grid-item-3"> <p>Paradox of the Modern Music Industry</p> <div class="image"> <img width="376" height="470" src="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T3-4x5-1.png" class="attachment-large size-large" alt="" decoding="async" srcset="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T3-4x5-1.png 376w, https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T3-4x5-1-240x300.png 240w" sizes="(max-width: 376px) 100vw, 376px" /> </div> </a> <a data-menuanchor="takeaway-4" href="#takeaway-4" class="grid-item swiper-slide grid-item-4"> <p>The 100,000th Artist, Thousands in Royalties</p> <div class="image"> <img width="376" height="470" src="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T4-4x5-1.png" class="attachment-large size-large" alt="" decoding="async" loading="lazy" srcset="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T4-4x5-1.png 376w, https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T4-4x5-1-240x300.png 240w" sizes="(max-width: 376px) 100vw, 376px" /> </div> </a> <a data-menuanchor="takeaway-5" href="#takeaway-5" class="grid-item swiper-slide grid-item-5"> <p>Another Record Year for Songwriters</p> <div class="image"> <img width="376" height="470" src="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T5-4x5-1.png" class="attachment-large size-large" alt="" decoding="async" loading="lazy" srcset="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T5-4x5-1.png 376w, https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T5-4x5-1-240x300.png 240w" sizes="(max-width: 376px) 100vw, 376px" /> </div> </a> <a data-menuanchor="takeaway-6" href="#takeaway-6" class="grid-item swiper-slide grid-item-6"> <p>New Music Millionaires</p> <div class="image"> <img width="376" height="470" src="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T6-4x5-1.png" class="attachment-large size-large" alt="" decoding="async" loading="lazy" srcset="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T6-4x5-1.png 376w, https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T6-4x5-1-240x300.png 240w" sizes="(max-width: 376px) 100vw, 376px" /> </div> </a> <a data-menuanchor="takeaway-7" href="#takeaway-7" class="grid-item swiper-slide grid-item-7"> <p>The Export Factor</p> <div class="image"> <img width="376" height="470" src="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T7-4x5-1.png" class="attachment-large size-large" alt="" decoding="async" loading="lazy" srcset="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T7-4x5-1.png 376w, https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T7-4x5-1-240x300.png 240w" sizes="(max-width: 376px) 100vw, 376px" /> </div> </a> <a data-menuanchor="takeaway-8" href="#takeaway-8" class="grid-item swiper-slide grid-item-8"> <p>Music Is Multilingual</p> <div class="image"> <img width="376" height="470" src="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T8-4x5-2.png" class="attachment-large size-large" alt="" decoding="async" loading="lazy" srcset="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T8-4x5-2.png 376w, https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T8-4x5-2-240x300.png 240w" sizes="(max-width: 376px) 100vw, 376px" /> </div> </a> <a data-menuanchor="takeaway-9" href="#takeaway-9" class="grid-item swiper-slide grid-item-9"> <p>The Sustained Rise of Indies</p> <div class="image"> <img width="376" height="470" src="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T9-4x5-2.png" class="attachment-large size-large" alt="" decoding="async" loading="lazy" srcset="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T9-4x5-2.png 376w, https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T9-4x5-2-240x300.png 240w" sizes="(max-width: 376px) 100vw, 376px" /> </div> </a> <a data-menuanchor="takeaway-10" href="#takeaway-10" class="grid-item swiper-slide grid-item-10"> <p>One in a Million</p> <div class="image"> <img width="376" height="470" src="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T10-4x5-1.png" class="attachment-large size-large" alt="" decoding="async" loading="lazy" srcset="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T10-4x5-1.png 376w, https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2025/03/LC-T10-4x5-1-240x300.png 240w" sizes="(max-width: 376px) 100vw, 376px" /> </div> </a> </div> <div class="pagination bottom hide-for-large"> <div class="arrows"> <a class="previous-link"><svg width="15" height="16" viewBox="0 0 15 16" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M7.84229 15L1.13618 8L7.84229 1" stroke="#4100F5"/> <path d="M1 8.00198L15 8.00198" stroke="#4100F5"/> </svg> </a> <div> <span class="current">01</span> / <span class="total"></span> </div> <a class="next-link"><svg width="15" height="16" viewBox="0 0 15 16" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M7.15771 1L13.8638 8L7.15771 15" stroke="#4100F5"/> <path d="M14 7.99802L0 7.99802" stroke="#4100F5"/> </svg> </a> </div> </div> </div> </div> </div> </div> </div> <div class="section black solid-menu fp-auto-height-responsive payouts-section" data-anchor="payouts"> <div class="fullpage-scroll-content" id="fp-scroll-content"> <div class="payouts-section" id="content"> <script> var bubble_text = { intro: "Click on a dollar<br>amount to see eight years<br> of Spotify revenue<br>generation data", _10M_disclaimer: "Data reflects the number of recording artists whose catalogs for each full calendar year generated $10,000,000 or more in total royalties to rights holders across recording and publishing on Spotify. The number of artists is rounded to the nearest 5, and the growth percentage is rounded down to the nearest 5%. Data is accurate as of March 12, 2025, and is subject to change due to retroactive financial, licensing, and/or metadata adjustments.", _5M_disclaimer: "Data reflects the number of recording artists whose catalogs for each full calendar year generated $5,000,000 or more in total royalties to rights holders across recording and publishing on Spotify. The number of artists is rounded to the nearest 10, and the growth percentage is rounded down to the nearest 5%. Data is accurate as of March 12, 2025, and is subject to change due to retroactive financial, licensing, and/or metadata adjustments.", _2M_disclaimer: "Data reflects the number of recording artists whose catalogs for each full calendar year generated $2,000,000 or more in total royalties to rights holders across recording and publishing on Spotify. The number of artists is rounded to the nearest 10, and the growth percentage is rounded down to the nearest 5%. Data is accurate as of March 12, 2025, and is subject to change due to retroactive financial, licensing, and/or metadata adjustments.", _1M_disclaimer: "Data reflects the number of recording artists whose catalogs for each full calendar year generated $1,000,000 or more in total royalties to rights holders across recording and publishing on Spotify. The number of artists is rounded to the nearest 10, and the growth percentage is rounded to the nearest 5%. Data is accurate as of March 12, 2025, and is subject to change due to retroactive financial, licensing, and/or metadata adjustments.", _500K_disclaimer: "Data reflects the number of recording artists whose catalogs for each full calendar year generated $500,000 or more in total royalties to rights holders across recording and publishing on Spotify. The number of artists is rounded to the nearest 10, and the growth percentage is rounded to the nearest 5%. Data is accurate as of March 12, 2025, and is subject to change due to retroactive financial, licensing, and/or metadata adjustments.", _100K_disclaimer: "Data reflects the number of recording artists whose catalogs for each full calendar year generated $100,000 or more in total royalties to rights holders across recording and publishing on Spotify. The number of artists is rounded to the nearest 100, and the growth percentage is rounded to the nearest 5%. Data is accurate as of March 12, 2025, and is subject to change due to retroactive financial, licensing, and/or metadata adjustments.", _50K_disclaimer: "Data reflects the number of recording artists whose catalogs for each full calendar year generated $50,000 or more in total royalties to rights holders across recording and publishing on Spotify. The number of artists is rounded to the nearest 100, and the growth percentage is rounded to the nearest 5%. Data is accurate as of March 12, 2025, and is subject to change due to retroactive financial, licensing, and/or metadata adjustments.", _10K_disclaimer: "Data reflects the number of recording artists whose catalogs for each full calendar year generated $10,000 or more in total royalties to rights holders across recording and publishing on Spotify. The number of artists is rounded to the nearest 100, and the growth percentage is rounded to the nearest 5%. Data is accurate as of March 12, 2025, and is subject to change due to retroactive financial, licensing, and/or metadata adjustments.", _5K_disclaimer: "Data reflects the number of recording artists whose catalogs for each full calendar year generated $5,000 or more in total royalties to rights holders across recording and publishing on Spotify. The number of artists is rounded to the nearest 100, and the growth percentage is rounded to the nearest 5%. Data is accurate as of March 12, 2025, and is subject to change due to retroactive financial, licensing, and/or metadata adjustments.", _1K_disclaimer: "Data reflects the number of recording artists whose catalogs for each full calendar year generated $1,000 or more in total royalties to rights holders across recording and publishing on Spotify. The number of artists is rounded to the nearest 100, and the growth percentage is rounded to the nearest 5%. Data is accurate as of March 12, 2025, and is subject to change due to retroactive financial, licensing, and/or metadata adjustments.", graph_intro: "Number of recording artists whose catalogs generated recording and publishing royalties over", number_artists: "Number of Artists", graph_outro: "on Spotify alone", increase: "increase from 2017", _10M_title: "$10M+", _5M_title: "$5M+", _2M_title: "$2M+", _1M_title: "$1M+", _500K_title: "$500K+", _100K_title: "$100K+", _50K_title: "$50K+", _10K_title: "$10K+", _5K_title: "$5K+", _1K_title: "$1K+", percent: "%", plus: "+" } var contact_name = "Name"; var contact_email = "Email"; var contact_message = "Message"; var contact_send = "Send"; var contact_recaptcha = "This site is protected by reCAPTCHA and the Google <a href=\"https://policies.google.com/privacy\" target=\"_blank\">Privacy Policy</a> and <a href=\"https://policies.google.com/terms\" target=\"_blank\">Terms of Service</a> apply."; </script> <div id="revenue" class="revenue main-section waypoint-section"> <div id="revenue-introduction" class="grid-container sub-section"> <div class="grid-x grid-padding-x main-title no-margin"> <div class="cell small-12 medium-10 large-10"> <h1 >The Payouts</h1> <p>Who is generating money? How much are they making? And how has that changed over the past eight years? Spotify remains the only streaming service that publishes this level of data about how much artists are generating each year. So, let’s get into it…</p> </div> </div> </div> <div id="revenue-generation" class="grid-container secondary-container sub-section"> <div class="grid-x grid-padding-x"> <div class="cell small-12 medium-10 medium-offset-2 large-7 large-offset-3 text-offset no-margin"> <h3>Revenue Generation Over the Years</h3> <p><span style="font-weight: 400">As of the end of 2024, Spotify’s all-time payouts to the music industry total nearly </span><span style="font-weight: 400">$60 billion.*</span></p> <p><span style="font-weight: 400">To put those numbers in context, click a dollar amount below to see how many artists globally generated at least that amount—across recording and publishing for their catalogs—for each of the past </span><span style="font-weight: 400">eight</span><span style="font-weight: 400"> years on Spotify.</span></p> <p><span style="font-weight: 400">These figures only represent part of the picture. Spotify is one of many music-streaming services that generate revenue for the music industry, and streaming only makes up a portion of all industry revenues. There are also physical sales, touring, merch, sync, and other sources. Spotify accounts for </span><span style="font-weight: 400">roughly a quarter of global recorded music revenue</span><span style="font-weight: 400"> (up from less than 15% in 2017).** As a rough estimate, you can multiply the Spotify revenue by </span><span style="font-weight: 400">four</span><span style="font-weight: 400"> to approximate how much artists generated from all recorded revenue sources in </span><span style="font-weight: 400">2024</span><span style="font-weight: 400">.</span></p> <p><span style="font-size: 12px;line-height: 20px"><span style="font-weight: 400">*$60 billion includes both recording and publishing royalties. </span></span><br /> <span style="font-size: 12px;line-height: 20px"><span style="font-weight: 400">**Spotify’s % of recorded music revenue calculated based on IFPI’s 2025 Global Music Report.</span></span></p> </div> </div> </div> </div> <div class="bubbles-bg"> <div id="numbers" class="revenue"> <div class="hide-dots"> <div class="grid-container hide-for-large bubble-intro"> <div class="grid-x grid-padding-x align-center"> <div class="cell small-12"> <p>Click on a dollar amount to see eight years of Spotify revenue generation data:</p> </div> </div> </div> <div class="bubble-wrap"> <div id="hidden-back" style="display: none;"><svg width="150" height="23" viewBox="0 0 150 23" fill="none" xmlns="http://www.w3.org/2000/svg"> <text x="38" y="17" class="svg-back-text">Back</text> <path d="M12.2633 1L2.20418 11.5L12.2633 22" stroke="#fff" stroke-width="2"/> <path d="M2 11.4971L23 11.4971" stroke="#fff" stroke-width="2"/> </svg> </div> <div id="ballMaskDesktop" class="ballMasks"> <div id="divContainerDesktop" class="divs"></div> </div> <div id="ballMaskTablet" class="ballMasks"> <div id="divContainerTablet" class="divs"></div> </div> <div id="ballMaskMobile" class="ballMasks"> <div id="divContainerMobile" class="divs"></div> </div> </div> </div> </div> </div> </div> <div class="process-section" id="content"> <div id="process" class="process main-section waypoint-section"> <div id="process-introduction" class="grid-container sub-section"> <div class="grid-x grid-padding-x main-title no-margin"> <div class="cell small-12 medium-10 large-9"> <h1>The Process</h1> </div> </div> </div> </div> <div id="money-flow" class="money-flows white-text sub-section light-dots"> <div class="grid-container "> <div class="grid-x grid-padding-x"> <div class="cell small-12 medium-10 medium-offset-2 large-8 large-offset-3 text-offset no-margin"> <h3>How the Money Flows</h3> <p><span style="font-weight: 400">One of the questions we get asked most often is: How do artists and songwriters get paid?</span></p> <p>We break it down in the videos below:</p> </div> </div> <div class="grid-x align-center multi-videos "> <div class="cell video-cell small-12 medium-10 large-6"> <a data-embed="https://www.youtube.com/embed/wEFL_QCkn6Y?autoplay=1" class="video-wrapper reveal-trigger"> <div class="video"> <div class="image-wrap"> <img src="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2024/03/HTMF-Artists.png" /> <span class="play-button"> <svg xmlns="http://www.w3.org/2000/svg" width="122" height="122" fill="none" viewBox="0 0 122 122"> <circle cx="60.96" cy="60.96" r="60.96" fill="#9BF0E1"/> <path fill="#fff" d="M47.918 39.34l38.09 21.206-38.09 21.207V39.34z"/> </svg> </span> </div> <h3>How the Money Flows</h3> <div class="grid-x align-justify video-info"> <div class="cell shrink duration"> 3 minute watch </div> </div> </div> </a> </div> <div class="cell video-cell small-12 medium-10 large-6"> <a data-embed="https://www.youtube.com/embed/XH3tOA60x-k?autoplay=1" class="video-wrapper reveal-trigger"> <div class="video"> <div class="image-wrap"> <img src="https://storage.googleapis.com/loudandclear-byspotify-com.appspot.com/1/2024/03/HTMF_Songwriter--1440x810.jpeg" /> <span class="play-button"> <svg xmlns="http://www.w3.org/2000/svg" width="122" height="122" fill="none" viewBox="0 0 122 122"> <circle cx="60.96" cy="60.96" r="60.96" fill="#9BF0E1"/> <path fill="#fff" d="M47.918 39.34l38.09 21.206-38.09 21.207V39.34z"/> </svg> </span> </div> <h3>How the Money Flows (Publishing Edition) </h3> <div class="grid-x align-justify video-info"> <div class="cell shrink duration"> 3 minute watch </div> </div> </div> </a> </div> <div class="full reveal video-reveal" id="video-reveal" data-reveal> <div class="center-wrap"> <div> <button class="close-button" data-close aria-label="Close modal" type="button"> <svg width="150" height="23" viewBox="0 0 150 23" fill="none" xmlns="http://www.w3.org/2000/svg"> <text x="38" y="17" class="svg-back-text">Back</text> <path d="M12.2633 1L2.20418 11.5L12.2633 22" stroke="#fff" stroke-width="2"/> <path d="M2 11.4971L23 11.4971" stroke="#fff" stroke-width="2"/> </svg> </button> <div class="inner"></div> </div> </div> </div> </div> </div> </div> <div id="contextualizing" class="contextualizing white-text sub-section light-dots"> <div class="grid-container "> <div class="grid-x grid-padding-x"> <div class="cell small-12 medium-10 medium-offset-2 large-8 large-offset-3 text-offset no-margin"> <h3>Streaming Numbers in Context</h3> <p><span style="font-weight: 400">Spotify, like the other major streaming services, pays royalties to rights holders based on an artist’s share of overall streams across the platform. This is referred to as “</span><a href="https://loudandclear.byspotify.com/faq/#a-million-streams"><span style="font-weight: 400">streamshare</span></a><span style="font-weight: 400">.”</span><span style="font-weight: 400"> For example, in 2024, an artist who accounted for 1 in every 1 million streams on Spotify generated over $10,000 on average.</span> <span style="font-weight: 400">So it’s important to know how streaming numbers stack up on Spotify in </span><span style="font-weight: 400">2024</span><span style="font-weight: 400"> to understand payouts. </span></p> <p><span style="font-weight: 400">What might have been a lot of streams even five years ago looks pretty different today. In fact, over </span><span style="font-weight: 400">357,000</span><span style="font-weight: 400"> songs were streamed over a million times in </span><span style="font-weight: 400">2024</span><span style="font-weight: 400"> alone. </span><span style="font-weight: 400">It would take more than two years of nonstop listening to hear them all.</span></p> </div> </div> <div class="grid-x grid-padding-x align-center" id="compare"> <div class="cell small-12 large-8"> <div id="calculator" class="calculator"> <div class="calculator-intro"> <p>Enter any monthly listener count for an artist or all-time stream count for a song to estimate how each number compares with all artists and songs on Spotify.</p> </div> <div class="toggle-wrapper"> <div class="calculator-buttons"> <a href="#" data-table="track_streams" class="button track active">Track Streams</a> <a href="#" data-table="monthly_listeners" class="button monthly">Monthly Listeners</a> </div> </div> <div class="calculator-wrapper"> <form id="calculator-form"> <input type="num" class="calculator-input" name="calculator_input" placeholder="Enter number" /> <input type="text " class="name-input" autocomplete="off" name="name_input" placeholder="Enter name" /> <div class="text-center"> <button type="submit" class="equals button" data-default="Compare Numbers" data-loading="Loading..." data-error="Please enter a value higher than 100">Compare Numbers</button> </div> </form> <div class="disclaimer"> *Note that all numbers are rounded to the thousandth place. </div> </div> </div> <div class="full reveal" id="monthly_reveal" data-reveal> <button class="close-button" data-close aria-label="Close modal" type="button"> <svg width="150" height="23" viewBox="0 0 150 23" fill="none" xmlns="http://www.w3.org/2000/svg"> <text x="38" y="17" class="svg-back-text">Back</text> <path d="M12.2633 1L2.20418 11.5L12.2633 22" stroke="#fff" stroke-width="2"/> <path d="M2 11.4971L23 11.4971" stroke="#fff" stroke-width="2"/> </svg> </button> <p class="data-note">based on 2024 data</p> <div class="center-wrap"> <div class="inner"> <h2 id="monthly-animate">0</h2> <p class="default-message"><span class="reveal_num_input"></span> monthly listeners would be in the top <span class="reveal_rank"></span> artists on Spotify globally <p class="top-message hide">This artist is within the top 1,000 monthly listeners on Spotify</p> </div> </div> </div> <div class="full reveal" id="track_reveal" data-reveal> <button class="close-button" data-close aria-label="Close modal" type="button"> <svg width="150" height="23" viewBox="0 0 150 23" fill="none" xmlns="http://www.w3.org/2000/svg"> <text x="38" y="17" class="svg-back-text">Back</text> <path d="M12.2633 1L2.20418 11.5L12.2633 22" stroke="#fff" stroke-width="2"/> <path d="M2 11.4971L23 11.4971" stroke="#fff" stroke-width="2"/> </svg> </button> <p class="data-note">based on 2024 data</p> <div class="center-wrap"> <div class="inner"> <h2 id="track-animate">0</h2> <p class="default-message"><span class="reveal_num_input"></span> all time streams would be in the top <span class="reveal_rank"></span> tracks on Spotify globally <p class="top-message hide">This track is in the top 1,000 streams on Spotify</p> </div> </div> </div> </div> </div> </div> </div> </div> <div class="show-for-large footer"> <div class="footer-top"> <div class="grid-container"> <div class="grid-x grid-padding-x"> <div class="cell small-12"> <nav role="navigation"> <h5>Continue exploring:</h5> <ul id="menu-continue-exploring" class="menu horizontal"><li id="menu-item-836" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-836"><a href="https://loudandclear.byspotify.com/additional-resources/">Additional Resources</a></li> <li id="menu-item-835" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-835"><a href="https://loudandclear.byspotify.com/faq/">FAQs</a></li> </ul> </nav> </div> </div> </div> </div> <div class="footer-main"> 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