alt Hacker NewsSome quick Googling shows 1 million streams pays approx $2000.
You'd need 40,000,000 streams to earn $80,000.
Replies
edelhans • yesterday at 3:27 PM
But you only need to record your song once and get money forever. Nobody pays me per function invocation in production, that would be very nice
cm2012 • yesterday at 12:32 AM
That seems reasonable?
Assume an artist (either directly or through a rights holder) makes 1/3 income from streaming, 1/3 from merch and physical albums, and 1/3 from live events.
40m streams per year would be 800k per week. 200k fans worldwide playing 4 times per week on average could get you there. Thats like a decent sized but not enormous youtube channel.
200k fans worldwide would also support the ticket sales and merchandise sales aspects.
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be aware that payout rates change based on tiers and a bunch of other factors. So, it would likely take more than 40 million streams to earn $80k.
I believe Weird Al posted his streaming revenue a few years ago. He had something like 80 million streams and said he earned about $12. https://www.billboard.com/music/pop/weird-al-yankovic-wrappe...
There is a reason people like T Swift and whatnot tour constantly, it's how they make money. Weird Al is known for his amazing live shows, there's a reason for it: they make more money.