Apple Music is one of the world’s most popular music streaming services. It has been a primary source of income for many artists and musicians. It allows artists to share their music with a large audience and maybe make money from it. But many artists wonder how much Apple Music pays per stream.
Knowing the amount you can make from Apple Music every time your music is played is essential. But, it is also essential to know that the amount is not fixed and depends on many factors. But, an average can be drawn to give you an idea.
In this article, we’ll tell you how much apple music pay per stream.
How Much Money Do Artists Make From Apple Music Streams?
Apple Music is a streaming service that allows users to access millions of songs, albums, and playlists. It also provides exclusive content from artists and DJs. But what makes Apple Music unique is its ability to pay musicians for their work. Apple Music pays musicians through its royalty system based on the number of streams their music receives.
This means that the more people listen to an artist’s music, the more money they make. With this system in place, Apple Music has become a great way for musicians to make money from their work while still allowing them to reach a wide audience.
Apple Music gives the people who own the rights to distribute a song one cent for each song. Even though it might not seem like much, it’s about twice what Spotify pays artists.
The average amount Apple Music charges per stream is between $0.007 and $0.01. Royalties are based on a stream share and vary by subscription plan and country. However, Apple says their average pay per stream is $0.01.
How Much Does Apple Music Pay Per 1000 Streams?
Apple Music pays artists between $6 and $10 for every 1,000 streams. As was said above, your number will change depending on how many people stream your music and who listens to your music. If more of your listeners live in more affluent countries and use paid subscription plans, you’ll make more money per stream than the average.
How Much Does Apple Music Pay Per Million Streams?
Artists get between $7,000 and $10,000 for every million times their music is played on Apple Music. I think that’s a pretty good amount of money. If you could get a million monthly streams on Apple Music, you could easily make $84,000 to $120,000 a year.
If you have 100 songs in your music library, you only need 10,000 streams per month, or 333 streams per song per day, to reach one million streams.
Does Apple Music Pay More Than Spotify?
Considering the average pay-per-stream rate of both streaming services, Apple Music pays double compared to its rival Spotify. This is mainly because Spotify has a lot more users than Apple Music. Since there are more royalty shares, the rate per stream is lower for Spotify than for Apple Music.
But, like Spotify, Apple Music has confirmed that this value depends on other outside factors, as discussed below.
Factors Affecting Pay Per Stream Of Apple Music:
According to the letter written by Apple Music to its label, it pays an average of $0.01 per stream, which is more than the average of $0.00437 per stream in the music streaming industry. But this number is just an average, and the actual payment rate can differ depending on several things. Here are some of them discussed.
Firstly, it’s essential to know that Apple Music has a complicated royalty payment system. The amount an artist earns per stream is based on several factors. The country where the music is most streamed is one of the significant factors. Depending on where the stream comes from, Apple Music pays different royalty rates for it. These rates can be very different.
Another thing that can change the payment rate is whether the artist has a direct deal with Apple Music or is represented by a label or distributor. If an artist has a direct deal with Apple Music, they can try to get a higher royalty rate than what is offered generally.
On the other hand, if a label or distributor represents an artist, they may get paid less because the label or distributor takes a cut of the money.
3. User Subscription:
Also, the payment rate can change based on the Apple Music listener’s subscription type. Apple Music, for example, pays a higher royalty rate for streams from paid subscribers than those from users on the free trial. Apple Music makes more money from paid subscribers, which means it can pay a higher royalty rate.
4. Song’s Duration:
Also, it’s essential to know that Apple Music pays more royalties for longer-streamed songs. The company considers a song long if it is longer than five minutes. Apple Music believes that longer pieces take more work and time to make, so in this case, the artist can expect to get a higher royalty rate per stream.
5. Type Of Music:
Apple Music also pays different amounts of royalties for different kinds of music. The company produces more royalties for songs with “performing rights” than songs with only “mechanical rights.” Performing rights tracks are songs with lyrics and vocal performances.
On the other hand, mechanical rights tracks are instrumentals or tracks without lyrics. This is because tracks with performing rights are considered more valuable. After all, they are more likely to bring in money for Apple Music.
Apple Music pays an average of $0.00675 per stream, more than the industry average. This number is an average, though, and the actual payment rate can vary depending on several things, such as the country where the stream happens, whether the artist has a direct deal with Apple Music or is represented by a label or distributor, the type of Apple Music subscription the listener has, the length of the song, and the type of music.
Even though the royalty payment system is complicated, Apple Music is still essential for artists to reach a large audience and possibly make a lot of money from their music.