Music streaming worldwide accounted for $ 13.4bn, with the country with the highest share of music subscriptions being Mexico. In 2021, Statista reported that the number of streaming service users reached 487 million, marking a huge increase from 7.9 million in 2014. Streaming PlatformĪs we’ve mentioned, streaming music is still growing. The latest music streaming royalty rates are as follows. To answer this question and more, we’ve compiled this article, which contains everything you need to know about music streaming royalties and payouts in 2022. Whereas CD’s, tapes, and vinyl are a thing of the past (except for the collectors out there), in 2022, most people listen to their music through a handful of online audio streaming platforms.Īs many streaming services are low-priced and even free, this leaves many music lovers wondering how much the artists they listen to actually earn whenever one of their songs is streamed. Today, the majority of a modern musician’s income is made from paid performances, selling merchandise, and earning streaming royalties. However, tour vans, broken guitar strings and studio time do not come free, so it certainly pays to be able to monetize music in some way or another. The greatest musicians in the world are rarely in it for the money. While we’re on the topic, here are 3 reasons why we switched To Tidal.Use our streaming payouts calculator to see how much you can earn.How much does each streaming platform payout?.
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