James Blunt is the latest artist to publish details of how much he earns from streams of his music, telling his Twitter followers that he earns less than £0.0005 per stream on Spotify.
“I get paid £00.0004499368 per stream. Beers are on me! Cheers @Spotify,” tweeted Blunt last weekend. And like other cases of artists announcing their streaming earnings, it’s left us with plenty of questions.
Start by converting Blunt’s figure into dollars: he’s getting $0.0006968992 per stream. Yet Spotify’s public figures claim that the average per-stream payout to labels and publishers on its service is between $0.006 and $0.0084.