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According to reports, Apple pays the most to artists. But Apple also has the luxury of not having to pay a 30% commision fee to another company every time someo
by drooopy 3y ago
According to reports, Apple pays the most to artists. But Apple also has the luxury of not having to pay a 30% commision fee to another company every time someone buys a subscription or a track via Apple music.
- FireBeyond 3y agoThat's not true, at least per stream. TIDAL is actually the most artist friendly, and it's not even close: > Compared to Spotify, Apple Music pays a higher rate per stream. The exact amount varies from $0.006 to $0.008 per stream. > Tidal, a high-fidelity music streaming service, pays artists one of the highest rates per stream, ranging from $0.0125 to $0.015 per stream. Source: https://www.lalal.ai/blog/music-streaming-payouts-2023/ https://www.lalal.ai/blog/music-streaming-payouts-2023/ > Tidal also says its HiFi Plus tier pays significantly higher royalties per stream than its rivals, "at least 50% or more vs the regular rate across the four largest streaming services,” Source: https://www.loudersound.com/features/which-music-streaming-service-pays-artists-the-most#section-which-streaming-service-pays-artists-the-most-tidal https://www.loudersound.com/features/which-music-streaming-s... Also: https://producerhive.com/music-marketing-tips/streaming-royalties-breakdown/ https://producerhive.com/music-marketing-tips/streaming-roya... > Let’s start with the elephant in the room. On average, Tidal pays $0.01 per stream, which is way above the $0.003/0.005 offered by Spotify. > Though Tidal’s service being more profitable for artists is worth praising, the remuneration itself is not the biggest issue here, as it’s the way the revenue streams are distributed among artists. > Spotify pays artists pro-rata, meaning they calculate the total streams within the platform and estimate the proportion each artist should receive. > This model greatly favors prominent artists, often leaving independent musicians with mere cents even when they have a loyal and active fanbase.