How much do musicians earn annually from streaming their tracks on Spotify, Apple Music, or Deezer? Not much.
The article published on NME discusses alarming statistics regarding musicians' earnings in the streaming era. It highlights that a staggering 82% of musicians earn less than $200 annually from streaming platforms. This represents a troubling indicator that sheds light on the challenges creators face in today's music landscape. Despite the growing popularity of services such as Spotify and Apple Music, the returns for artists remain modest. For many independent musicians, these tight finances threaten their ability to continue their careers. Ultimately, this situation forces musicians to seek additional sources of income, which can hinder their capacity to create new works. Indeed, this scenario presents a need for attention and reform in how talents are compensated within the music industry.