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Musicians need to play live now more than ever to make an income; the sale of physical records are going downwards and have been doing so for the past 20 years.
by chha 4y ago
Musicians need to play live now more than ever to make an income; the sale of physical records are going downwards and have been doing so for the past 20 years. [1]
Unless you happen to be amongst the absolute minority of people having a hit single on your hand or a popular back catalogue, you can't expect to make a lot of money from online streams. Several sources [2][3] report that Spotify pays around 0.003 USD per stream on average. Supposedly your musics share of everything streamed in a given month will also impact the actual payout.
[1] - https://gloriousnoise.com/2022/data-2021-total-music-sales-and-streams https://gloriousnoise.com/2022/data-2021-total-music-sales-a...
[2] - https://subjekt.no/2020/08/09/som-musiker-er-det-nesten-umulig-a-tjene-penger-gjennom-spotify-og-det-hjelper-ikke-a-gi-ut-mer-og-oftere/ https://subjekt.no/2020/08/09/som-musiker-er-det-nesten-umul... (Norwegian)
[3] - https://www.orpheusaudioacademy.com/spotify-pay/ https://www.orpheusaudioacademy.com/spotify-pay/