alt Hacker Newsbe 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.
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The Pudding had a nice article explaining how streaming revenue is distributed: https://pudding.cool/2022/06/streaming/
When he says "so if I'm doing the math right that means I earned $12" I interpret that as him exaggerating for effect. It's definitely not him citing the pay slip.
"$2 or more per thousand streams, split across rightsholders" seems like an accurate estimate.
Ad supported streams in Spotify are counted in a separate pool, and only get paid out of the ad revenue pool.
Artists can of course complain that "they're selling our music for cheap!", especially in the ad pool. But what's worth remembering is that when it comes to setting optimal price points, Spotify's interest is almost perfectly aligned with the artists. And Spotify has a hell of a lot more data than artists (not to mention financial sense, which you probably didn't become an artist if you had a lot of).