With the birth of streaming platforms, the music market has changed in many ways.
You can learn how much any artist earns on Spotify, Youtube, and others
We no longer buy records or CDs, we wait for the release of new songs on the Internet, and we listen to tracks, not full albums, something completely different from the “pre-Spotify” world.
To avoid that people end up always listening to the same thing, the different platforms do their best to recommend new releases, to discover new talents or less listened songs, but it is clear that the big cut goes to the popular artists of the moment, who earn according to the number of times their songs are listened to.
To better understand how these platforms work, there is a website that reports how much each artist earns. All we have to do is enter royalties-calculator.com and enter the artist’s name in the search engine, thus obtaining an estimate based on the number of times users play their songs.
It is important to note that the numbers are estimated, they are not exact because the platforms do not share that information, but you can get approximate numbers thanks to an algorithm detailed in soundcharts.
Ideal to compare and understand how these platforms manage to generate a lot of revenue to groups that have not released anything new for years but had hits that continue to sound in every house.