Justified and Ethical Music Streaming Platforms other than Spotify for Musicians | Daily Music Roll

Justified and Ethical Music Streaming Platforms other than Spotify for Musicians

A detailed description is given in the following article about the average earnings of an artist from the world’s most renowned music streaming platform.

ethical music streaming platforms

Following the controversy of Spotify surrounding Spotify and its business partnership with Joe Rogan and other artists including India Arie, Neil Young, Crosby, and Nash, causes the departure of the artists from the world’s largest music streaming platform. With the controversy being at its peak, a question genuinely hits the mind: what would be the alternative platforms for Spotify. There might be seen a massive exodus of the artists and audiences to other streaming platforms. Justice to the artists in terms of revenue shares should be contemplated in the first place.

There are plenty of other platforms that are streamed by audiences worldwide. Music platforms like Amazon Music, Apple Music, YouTube Music, and others have great brand value and customer services. At the same time, these platforms do not allow any artist to add any racist thing or misinformation on its platforms.

So, let’s all go through the following information to know which one would be more ethical and supportive to the artist.

It is noted that the details about the revenue shares are based on the estimation of the recent average payouts. This figure may fluctuate as all artists are not being paid the same amount. The amount to be paid to the artists depend on the number of listeners the artists monthly have, the length of the song, the value of the content, and some other major parameters.

Amazon music by Amazon Prime:

  • Amazon music pays average revenue per stream- 0.004 USD to the artists.
  • To earn 1 USD an artist has to have total streaming of as much as 250.
  • What Amazon does is that they sell music on their digital platform. The amount they generate from a song, Amazon cuts only 27% of it, and the rest is paid to the music artists. I a song is sold at 0.99USD, approximately 0.73 USD go to the artists.

Apple Music:

  • The average revenue per stream for the artist is 0.007 USD.
  • To earn 1 USD an artist needs 143 plays on the platform.
  • It is to be noted that Apple also cut an amount as an ad-revenue bonus. However, the amount is not significant. For artists, Apple Music would definitely be a good choice to focus more on their songs

Bandcamp:

Bandcamp does not pay any amount to its musicians. However, there is a catch. The company charges a commission for the sale. The percentage ranges from 10%-15%. For per earnings of 1 USD the platform shares around 0.85 dollars with the artists. However, the amount depends on the type of sales and people’s engagement around it, such as likes, downloads, etc.

Deezer:

Deezer has a very unique way to pay their artists. On the platform, subscribers can directly sell their songs. Of course, Deezer will cut their parts, but here the listeners have the choice to pay their listeners directly and support their talent.

I Heart Radio:

  • The average revenue shared per steam is 0.017USD.
  • Approximately 1 USD is earned by the artist for 59 streaming on the platform.
  • Artists on the I Heart Radio get the share of the ads revenue on the platform. However, like most platforms, this one also cut buns from the ads revenues.

Napster:

  • The average revenue shared with the artist per stream is 0.19 USD.
  • 53 streams can get an artist to receive 1 USD.
  • There is not any other monetization process they have to offer the artists.

Pandora:

  • The average revenue per stream: $0.00133
  • The approximate number of streams per $1 earned: 752
  • Other monetization options: N/A

SoundCloud:

  • Artist gets average revenue for one stream is 0.03 USD.
  • To earn 1 USD an artist needs a total of 305 streaming.
  • There are no other monetization options available for an artist.

Spotify:

  • The average revenue per stream for an artist is 0.04 USD
  • The number of streams needed to earn 1 USD is 229.
  • No other monetization options are available on the platform. Despite being the world’s most popular streaming platform, it pays a very less significant amount to the artists. This results in the reason for grudge of many artists against the platforms.

Tidal:

  • Tidal shares 0.0125 USD with an artist per streaming
  • Approximately 229 streaming are needed to earn 1USD.
  • No other magnetizations are available.

YouTube Music:

The average revenue per stream is approximately 0.04USD on its music platform. On the YouTube video streaming platform, it shares 0.00164USD with an artist for every view its gets.

To earn 1 USD an artist needs 125 streams on the music app, and 610 views on the video platform.

 The best is yet quite subjective as it depends on the preference of the artists. Bandcamp would be a good option for musicians, but for users, it is only subscription-based. Likewise, every platform has its pros and cons. However, paying less money does not make sense anyway as the artists are the reason why people join a particular music platform, and shortening their revenue share will put platforms under people’s vexation.