Spotify reveal royalty fees, pay as little as $0.006 per stream
Spotify have long been the subject of criticism for their seemingly low royalty payments to artists, with just how much bands get paid per stream becoming the subject of speculation recently. Now the music-streaming platform have come out to confirm matters.
As Music Week note, Spotify have launched a new site specifically for artists looking to get their music on the service. One of the details to emerge on this site is that the company pay out an average of between $0.006 and $0.0084 per stream.
Spotify have recently been criticised by the likes of Thom Yorke for not paying enough in terms of royalties, while Moby seems to have a different view on the matter.
A breakdown of the royalty scheme can be seen below:
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