Streaming royalty is the basic form of royalty for every Musician out there.
Knowing how much one can make from streams is somewhat delicate, since royalties are more centered and determined by the interaction the users have with your songs. Let’s take a look at the system that predicts the amount one could make for every thousand streams.
Streaming Royalty Calculator
Streaming royalty calculator would help you to stop questions like “How much do I make for thousand streams on Spotify, Apple Music, Tidal, Pandora, audiomack, Boomplay, etc”…
These are some of the questions every Musician may have asked, especially at the beginning of their music career, thanks to the streaming royalty calculator.
In this post, you would be able to calculate the possible revenue one could make off his/her music streams using the streaming royalty calculator.
What Is A Music Streaming Royalty Calculator?
A music streaming royalty calculator is a digital music tool used to calculate the possible revenue generated from music plays on different platforms such as Spotify, Apple Music, Shazam, Pandora, Audiomack, Tidal, Youtube, Anghani, etc.
NB: To be able to make money from music streams, one must have his songs distributed and monetized through digital music distribution platforms with the help of a music aggregator. Read more about music distribution here.
READ: Distrokid vs. CD Baby (A guide for all Musicians in selecting the right aggregator)
How Streaming Royalties Are Calculated
Streaming royalties are calculated using the streaming royalty calculator tool, simple answer huh? No there is more to that.
Different platforms (Itunes, Spotify, google play, Pandora, Deezer, tidal, apple music, etc) have different price module for streams and downloads. All things being equal, some platforms pay higher royalties than others.
For instance, every thousand plays or streams, you have on tidal is estimated to be about $12 as compared to that Soundcloud which pays $1.30.
How Much Do Music Streaming Services Pay Musicians?
When it comes to music streaming services, the payouts vary quite a bit. Spotify, for example, pays out 70% of its revenue to rights holders, while Apple Music pays out 85%.
Some smaller streaming services, like Pandora, don’t pay out any revenue to rights holders. Instead, they rely on advertising to make money.
So how much do music streaming services actually pay their musicians?
On average, streaming services pay out around $0.006 per song played. That’s not a lot of money, but it’s better than nothing.
Factors That Affects Revenue From Music Streams.
There are four main factors that affect music streaming royalties.
1. Listener’s Country Of Stream
In music streaming royalty calculation, the country where the listeners or streamers are streaming your music plays a key role in determining how much you make per stream or downloads.
Fans from tier one countries like Australia, USA, UK, Canada, Germany, Italy, etc have the potential of increasing your revenue.
This is because on many of the music streaming platforms, your royalty is highly dependent on the advertisement that display to the streamers of your music.
Should a streamer from the aforementioned countries (tier one countries) clicks on an ad during the music play, it’s automatic that you would get higher revenue as compared to clicks made by streamers from developing countries such as Togo, Nigeria, Botswana, Niger, India, Ghana, etc).
2. Duration Of Streams
Streaming royalty calculation is dependent on the duration users spent on streaming your music.
If a user spends long time streaming or watching your music video, then technically he would see more adverts which would increase the ad impression thereby increasing your revenue or music royalties.
3. Number Of Ad Clicks / Impressions During Music Streams.
In music royalty calculation, a Musician’s revenue is highly dependent on the number of clicks made by streamers.
Example: All metrics being equal, should an artist have 1000 plays on Spotify and have 20 ad clicks, he would make higher revenue/royalties than his colleague who made the same 1,000 streams but with no ad click.
4. Account Type Used In Streaming The Music.
The type of account used in streaming also contributes to music royalty calculations.
If a streamer uses a premium account on Spotify to stream your music, you would have higher revenue than those that had streams from fans using free Spotify accounts.
Kingsmotiongh.com has made few compilations using the streaming royalty calculator to assist Musicians to know how much they make from various platforms.
READ: 10 ways to make money as a musician (Artist/Producer/Record Label
SOUNDCLOUD
1,000 – $ 1. 30
10,000 – $ 13
100,000 – $ 130
1,000,000 – $ 1, 300
PANDORA
1,000 – $ 1.40
10,000 – 14
100,000 – 140, 000
1,000,000 – $ 1, 400
READ: How To Get Monetized And Make Money From Youtube.
YOUTUBE
1,000 – $ 1.75
10,000 – $17. 50
100, 000 – $ 175
1, 000,000 – $ 1,750
Streaming Royalty Calculator – SPOTIFY
1,000 streams – $ 4
10,000 streams – $ 40
100,000 – $ 400
1,000,000 – $ 4000
DEEZER
1,000 – $ 4.70
10,000 – $ 47
100,000 – $ 470
1,000,000 – $ 4, 700
APPLE MUSIC
1,000 – $ 5
10,000 – $ 50
100,000 – $ 500
1,000,000
AMAZON
1,000 – $ 5
10,000 – $ 50
100,000 – $ 500
1,000,000 – $ 5, 000
DOWNLOAD: Sherry Boss – Free The Mic Ft Amerado (Prod. By Apya)
GROOVE MUSIC
1,000 – $ 5
10,000 – $ 50
100,000 – $ 500
1,000,000 – $ 5000
NAPSTER
1,000 – $ 9.10
10,000 – $91
100,000 – $ 910
1,000,000 – $ 9, 100
TIDAL
1,000 – $ 12
10,000 – $120
100,000 – $ 1, 200
1,000, 000 – $ 12, 000
GOOGLE PLAY
1,000 – $ 15.70
10,000 – $ 157
100,000 – $ 1, 570
1,000,000 – $ 15, 700
DOWNLOAD: Beenie Man – So Many Gal (Prod. By Troyton Music)
Conclusion
Streaming royalty calculation is mostly based on few criterias such as, the account being used to stream the songs, country of streams and duration of play. Two persons can have the same number of streams on Apple music, yet with different revenue from royalties.
Below is a streaming royalty calculator, click on the link to check the potential returns from your streams.
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http://www.streamingroyaltycalculator.com/
ALSO CHECK:
- Why Should You Have Multiple Music Distribution Platforms? Digital Music Aggregation
- Distrokid vs. CD Baby (A guide for all Musicians in selecting the right aggregator)
- Types Of Music Royalties Explained
- Sync Licensing Royalties Explained (Music Synchronization)
- How To Make Money On TikTok (Make Money Online)
- How To Make Money On Facebook (Step By Step Guide)
