You may have seen the graph showing how much streams/sales an artist needs to earn US monthly minimum wage? The one with the big pink bubbles? The information is rather outdated, but people keep referring to it. Spotify pays more per stream now. I have asked Information Is Beautiful to update the graph. No response so far, so I took the liberty of updating it myself. Time to let some air out.
I decided to focus on the revenues for Indie Artists because I honestly don’t know what percentage labels pass on to their artists. Here is the result:
So Rhapsody offers a better deal? Maybe. But take in mind that Rhapsody has about 1 million users. Spotify has over 10 million active users, so chances of earning a minimum wage from Spotify streams are ten times as high I guess.
I will try to keep the graph updated, so stay tuned.