How Much Do Artists Make on Spotify?
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Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://thehustle.co/ Spotify generated more than $11B in revenue in 2022. So why do artists make so little by streaming their music on the platform? Since the app debuted in 2011, Spotify has been the leading music streaming platform in the world. On average, its artists make less per stream than Apple Music and Amazon. Why? The answer boils down to two baffling royalty payout equations that change every month. Check out the full video here: https://youtu.be/v3ANMQOiWik