Amazon Music earns more revenue for artists than rivals Apple Music and Spotify. This remarkable report was shared by Duetti, a platform that works to expand opportunities in the independent music sector and analyzes royalty payment systems for streaming services in the category. Here are the details
Amazon pays more for artists than competitors
According to the shared report, Apple’s app was the third best rewarder of artists. In this sense, the platform pays $6.20 for every 1,000 listens, while Spotify had one of the most negative marks. It turned out that the platform paid 3 dollars for every 1000 listens.
Amazon Music was the app with the best payment in the list. The platform pays $8.80 per 1000 people. YouTube Music pays $4.80 for every 1,000 listens.
One factor that helps explain this scenario, given Spotify’s numbers, is that the app’s average revenue is lower due to the free plan. Since Apple Music does not have this option, its cost is higher, which makes its average value better.
Another information highlighted by the report is that the publishing earnings of independent artists are becoming more stable. An interesting detail revealed by the survey is that only 15 percent of the songs that go viral on TikTok can survive on music platforms and generate income for artists.