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_71523256_spotify-artists-logo.jpg

Spotify reveals artists earn $0.007 per stream

December 05, 2013

Spotify has responded to critics by revealing how much acts can expect to earn from the music streaming site.

The company said it pays an average of $0.007 per play, according to figures on its new website Spotify Artists, aimed specifically at musicians.

Explaining its business model, Spotify said it had paid more than $1bn (£612m) in royalties since its 2008 launch.

Earlier this year Radiohead singer Thom Yorke pulled material from the site in protest at how much it pays artists.

Removing his solo album The Eraser and Atoms for Peace, a side project with Radiohead producer Nigel Godrich, Yorke tweeted that he was "standing up for our fellow musicians".

"Make no mistake new artists you discover on #Spotify will no[t] get paid," he continued on Twitter. "Meanwhile shareholders will shortly being rolling in it. Simples."

However the new website, which said $500m (£306m) of the $1bn it has paid out in royalties was during 2013 alone, has urged musicians to consider accumulative earnings from a successful album, rather than focusing on plays per song.

Read more here Via BBC

Source: http://www.bbc.co.uk/news/entertainment-ar...
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