Written by Jason on April 17, 2023
**Why Artists Are Leaving Spotify Over Low Payments Per Stream**
In recent years, the music industry has seen a major shift in how music is consumed. With the rise of streaming services like Spotify, Apple Music, and Tidal, listeners now have access to a vast library of music at their fingertips. However, this shift has also had a negative impact on many artists, who are now earning less money than ever before.
One of the biggest complaints from artists is that streaming services pay very little per stream. Spotify, for example, pays an average of $0.003 per stream. That means that an artist would need to be streamed 1,000 times just to earn $3. For most artists, this is not enough money to make a living.
In addition to low payments per stream, artists also have to contend with other factors that can impact their earnings, such as the number of subscribers to a streaming service, the length of a song, and the popularity of the artist. This makes it difficult for artists to predict how much they will earn from streaming, and can lead to financial instability.
As a result of these factors, many artists are choosing to leave Spotify and other streaming services. In 2022, Neil Young and Joni Mitchell both removed their music from Spotify in protest of the company’s low payments to artists. Other artists, such as Taylor Swift and Adele, have also spoken out about the need for streaming services to pay artists more.
It remains to be seen whether Spotify and other streaming services will be willing to increase payments to artists. However, it is clear that the current system is not sustainable for many artists. If streaming services do not make changes, they could face a mass exodus of artists, which would ultimately hurt the music industry as a whole.
In addition to leaving Spotify, there are other things that artists can do to make more money from their music. For example, they can sell merchandise, tour, and license their music for use in movies, TV shows, and commercials. They can also use social media to connect with fans and build a following. By taking these steps, artists can increase their income and make a living from their music.