What such a system change can look like will be regularly covered in our iGroove magazine. The numbers emphasize why more and more artists are demanding a change in the way revenues are distributed. At the same time, a total of 800 artists received around 20% of the total payout. So, even in the top elite there are around 49,000 artists who made less than $100,000 per year, while only 0.1% of all artists made six figures. But even among this this 0.7% elite there are massive differences: 800 artists received $1 million or more and 7,500 artists made over $100,000. 4.5 billion therefore went to only 57,000 artists (or rather, their labels), which on average equals $79,000 per artist. At their “Stream On” event in 2020, Spotify announced that they paid out more than $5 billion. 800 artists receive 20% of the total revenueĪs of the status quo, it’s 0.7% of artists who rake in 90% of the revenues. Spotify projects this number to go up to around 100,000 by 2023. That may sound like a small number, but it’s four times as many as it was six years ago. But out of these 8 million artists, only 57,000 are responsible for 90% of all streams on Spotify. 57,000 artists account for 90% of streamsĪccording to Spotify, there are 8 million artists on the platform who released a total of 1.8 million albums (including singles, they make up the aforementioned 22 million tracks). But most of these songs drown in the flood of new music – because only a fraction of artists actually make bank.

The remaining 11 million songs are covered by independent labels. DIY artists released 9.5 million tracks, meaning eight times as many. A study has shown that of these, 1.2 million songs were released through major labels. That’s almost 22 million tracks per year. Only 7,500 artists earn more than 100k per year through Spotifyīased on the newest numbers there are 60,000 songs being uploaded to Spotify every day. Listen on Spotify: Dons Top 100 Artists Of All Time / Contains Explicit Lyrics.800 artists receive 20% of all payouts from Spotify.There are 8 million artists on Spotify, but only 57k account for 90% of all streams.Just for comparison, Ed Sheeran is at 68.2 million listeners, Shawn Mendes at 58.6 million, Taylor Swift has 43.2 million monthly listeners. Ariana Grande STREAMS: 30.8 BILLION Considered by some to be the most popular artist on Spotify, Ariana Grande has managed to maintain her position among the leading singers in the music industry. Most artists' number of listeners is up, so that's great. With 224 tracks on Spotify, Justin Bieber has risen to the charts thanks to his ability to keep his fans engaged and his music relatable. What did we learn? More people listened to rock and metal this month than they did last month.

Top spotify artists of all time