Music Streaming – what do they pay?
1 million views on Youtube = $740.00
1 million streams on Spotify = $3,970.00
RIAA reports digital revenues now account for 90% of all music consumed, with streaming taking up about 80%, downloads about 20%.
The music business is now the streaming business. The top 10 streamers account for 97% of all streaming dollars.
Fun nightmare fact: almost 50% of all streaming music is experienced through Youtubes Content ID – BUT – they account for only 7% of the revenue.
Read em and weep my friends.
2018 music streaming rates
click to enlarge