Which Artists Have Earned the Most from Spotify?

In recent years, streaming services have become one of the most popular ways to listen to music. Spotify is one of the most popular streaming platforms, with over 217 million users as of 2019. It has a wide variety of artists and genres, and it’s easy to find new music to listen to. But which artists make the most money from Spotify?

Spotify pays artists based on the number of streams their songs receive. The more streams an artist has, the more money they make. If you want to increase your revenue on Spotify, then visit this site

A List of the Top-Earning Artists on Spotify

The top 10 highest-earning artists on Spotify in 2020 are:

1. Bad Bunny – $56.8 million

2. Drake – $52.2 million

3. J Balvin – $48.7 million

4. Billie Eilish – $41.2 million

5. Juice WRLD – $33.1 million

6. The Weeknd – $32.9 million

7. Khalid – $27 million

8. Ozuna – $24.3 million

9. Taylor Swift – $24.2 million

10. DaBaby – $23.9 million

These artists have all made a significant amount of money from Spotify, and they are some of the most popular artists on the platform. If you’re a fan of any of these artists, you’re helping them earn even more money!

Average Per-Stream Payout 

In 2018, Spotify paid out a total of $8 billion to artists and labels. The average per-stream payout was $0.00437, which means that an artist would need to generate 23,843 streams per day to earn the minimum US wage of $7.25 per hour.

Monthly Listeners

One way to measure an artist’s success on Spotify is by looking at their monthly listeners. For example, the top-earning artists on Spotify in 2018 and 2019 were both very successful in terms of monthly listeners.

In 2018, the top-earning artist on Spotify was Drake, with over 8.2 million monthly listeners. He was followed by Ed Sheeran, with 7.6 million monthly listeners, and The Weeknd, with 6.3 million monthly listeners.

In 2019, the top-earning artist on Spotify was Billie Eilish, with over 8.6 million monthly listeners. She was followed by Post Malone, with 7.4 million monthly listeners, and Khalid, with 6.1 million monthly listeners.

It’s interesting to note that although Drake was the top-earning artist on Spotify in 2018, he was not in the top three in 2019. This shows that an artist’s success on Spotify can be very fluid and change from year to year.

Overall, it seems that the top-earning artists on Spotify are those who are able to maintain a large and loyal fan base. This is likely due to the fact that these artists consistently release new music that their fans enjoy.

Conclusion

Whatever the reason, it’s clear that some of the biggest names in music are seeing a decrease in earnings from Spotify. While this may be disappointing for these artists, it’s important to remember that the platform is still a great way for up-and-coming artists to gain exposure and earn income.