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12 Mind-Blowing Music Facts You Never Knew

11. It Doesn't Pay To Stream

Wikipedia

While streaming giant Spotify allows equal opportunities for most independent and mainstream artists to release their music on its global platform, it doesn't offer large rewards.

Recent figures suggest Spotify pays artists between 0.37 and 0.54 of a cent per stream - that's roughly 0.3 to 0.44 of a penny. That means that, at the top end of the scale, it takes 228 plays of a song to make a single pound, which is then divided between the record label, producers, artists and songwriters.

While platforms like Deezer, TIDAL, Napster and Spotify's main competition, Apple, all pay a little more, streaming is nonetheless not a lucrative market for small artists. Unless your name is Ed Sheeran, Justin Bieber or Drake, don't quit your day job.

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Writer, editor and lifelong critic of test screenings, money men and films-by-committee. Let the art speak for itself, even if it says the wrong thing.