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Asked by: Mia Laiginhas
business and finance entertainment industryHow much do songwriters make from Spotify?
Consequently, how much does Spotify pay per 1 million streams?
Spotify pays roughly $0.006 to $0.0084 per stream. 1Mstreams would render a payout of roughly $6,000 -8,400.
Also know, how much money does a songwriter make per song?
Today, the current rate is 9.1 cents (typically splitwith co-writers and publishers). Performance Royalty – Asongwriter receives a performance royalty when theirsong is performed on terrestrial broadcast radio, ina live performance venue, or via online streamingservices.
Here's the math: Spotify pays about $0.006 to$0.0084 per stream to the holder of music rights. And the "holder"can be split among the record label, producers, artists, andsongwriters.