Spotify cited approximately 1.2 million artists with over 1,000 listeners in 2020. And that’s only the most successful artists. Musicians will receive a fraction of that amount. In 2020, 13,400 artists generated more than $50,000 and 7,800 generated more than $100,000 in recording and publishing royalties. Scant Pay and a Swift ReactionĪccording to Spotify’s Loud&Clear data, artists are paid between $0.0033 and $0.0054 every time their song is played on Spotify.

This move to spurn Spotify spotlights the current period of strife in a constantly fracturing and redefining music industry. It’s time to take control and build our own,” Ye posted to Instagram on February 17. It’s time to free music from this oppressive system. “Today artists get just 12% of the money the industry makes. What’s interesting is the reason why Ye did this, other than to order another shipping container full of American currency.

The souped-up MP3 player’s main advantage appears to be the ability to split songs into “stems,” giving users the chance to amplify drums, bass, vocals, and more to develop different angles on songs via varied effects. Instead, eager fans are asked to shell out $200 for Ye’s new venture, the Stem Player. Kanye West on the ‘Watch The Throne Tour’ with Jay-Z at Gelredome Arnhem, Netherlands. What’s more impactful, West turned away from traditional platforms like Apple Music and Spotify to release Donda 2. An addition and upgrade to the 2021 shows, when appearing to sold-out arenas in his childhood homes of Atlanta and Chicago, Kanye also streamed the show to IMAX theaters around the country. Just like the original Donda, released in August, the hip-hop legend performed songs from the album live, this time appearing to walk on water to his original childhood home before it went up in flames at LoanDepot Park, the home of the currently locked-out Florida Marlins in Miami.

Kanye most streamed song on spotify