We all want to know how much does Apple music pay per stream. Being a fan, since not everyone can afford physical CDs or souvenirs, many of us are limited to supporting our favorite artists by listening to their music on various streaming services. But eventually, is it really enough?
Apple Music’s pay-per-stream rate is higher than other popular music streaming platforms, which is an excellent sign for the artist. But that depends on the quality of your music and the number of listeners you have.
This article will reveal how much Apple Music pays per one million streams and how Apple Music pays artists. But first, let’s see how much Apple Music pays per stream.
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How Much Does Apple Music Pay Per Stream To Artists?
As mentioned above, Apple Music Pays between $0.007 to $0.01 per stream. So, If you are an artist, you would need 200,272 streams to earn a minimum wage.
Let us understand how Apple Music pays the artists.
- First, the artist uploads his/hers music on Apple Music.
- Then, the listeners listen to the song.
- Apple Music then calculates the number of times the listeners streamed that song.
- And then, the artists get paid from the subscription revenue per month.
How Much Money Is One Million Streams On Apple Music?
The average cost of pay per stream on the music platform can vary from $7,000 to $10,000 per million streams. Now, this is an outstanding sum of money for an artist. If the math is done correctly, you can earn up to $84,000 to $120,000 yearly from Apple Music. And to further break down this calculation, if you upload 100 songs per month on Apple music, you need 10k streams per month on each song. So, in short, 333 streams per day on each of the 100 songs.
What Affects Apple Music Earnings Per Stream?
While the average artist compensation per stream is one penny per stream, according to the letter published by Apple Music, two significant reasons might cause this average to change.
They consist of the following:
1. Your Audience’s Nation Or Area
Much like Spotify’s pay-per-stream, the location of your listeners affects how much you are paid for each stream on Apple Music. Each nation, area, or territory pays a different rate to stream songs on Apple Music.
This implies that if your music is being listened to by listeners in certain regions, your royalty fee will probably be more significant.
2. Your Listeners’ Subscription Plan
Users who wish to play music on Apple Music have a choice of many membership packages. Users of Apple Music may stream music for free and without advertisements during a trial period. However, with an Apple Music premium membership plan, users must continue to pay $9.99 per month to access and enjoy music without advertisement. For what reason does this affect your royalties rate? Your average pay-per-stream rate will increase as people stream your music through a premium membership plan.
Apple Music Or Spotify: Which Has A Better Pay Per Stream?
Choosing between Apple Music and Spotify as the superior service is challenging. Apple Music often offers a higher price per stream than Spotify. But things are not always as clear-cut as they might appear. There are distinct benefits to publishing on each platform.
For instance, Apple Song pays more per stream, implying that your music will earn more. Great! On the other hand, Spotify offers many more users and options for getting playlisted on official playlists, which boosts your discoverability as a new artist and may make it simpler to build a website’s following.
You should probably make sure you publish on both platforms to enhance your chances of increasing the number of times your music is streamed and the amount of money you get from streaming royalties.
What Are The Parameters Calculated For Pay Per Stream On Apple Music?
Pay per stream is calculated based on stream share, the subscription plan of the listener, and the listener’s country.
Here’s everything you need to know about how much does Apple music pay per stream. Then, of course, watch out for all the pros and cons. But in the end, Apple music pays the artists the highest revenue. i.e., between $0.007 to $0.01 per stream.
Also, research well about the other music streaming platforms. The best practice is to upload your music across various streaming platforms to earn more revenue for your music.
Keep in mind the stream shares, the listener’s country, and the listener’s subscription plan are the ways pay per stream is calculated. And if you are a listener and want to know which music streaming platform is better, here’s a comparison between Apple Music and Spotify.