An awerage Swed
March 14, 2023
17,800 musicians able to make a living from Spotify
The MBW breaks down the numbers Spotify shared in their Loud & Clear report about how much it pays in royalties, and to whom. The number of artists generating $50,000 or more a year stood at 17,800 in 2022, up by 1,300 from the prior year. However, in 2021, that same category grew year-on-year by 3,100, more than double its rate of increase in 2022. The $50k is the amount "generated" by artists, their royalties will inevitably be reduced once they’ve paid their distributor/publishing admin company/publisher/record company a fee, commission, recoupment charge, etc. Still, it's a monthly paycheck allowing the musician a decent living from creativity.