It’s fair to point out that this amount almost certainly isn’t large enough to qualify to be added to Jay-Z’s famously-long list of problems.
Billboard has been asking industry folk how much money Jay-Z is missing out on by keeping his new album ‘4.44’ off Spotify. Estimates range from $250k a week up to $1m a week.
The latter seems high though, being based on data from the debut of Drake’s ‘Views’ on Spotify last year. No disrespect to Jay-Z, but Drake was enjoying a big moment of global popularity around that release, and while ‘4.44’ continues to top the US chart, suggesting that it would be as big around the world as ‘Views’ may be a stretch.
In any case, his big income continues to come from other areas. “I’m guessing the diapers for those wonderful new children aren’t being paid out of streaming royalties,” as MusicWatch analyst Russ Crupnick put it in the Billboard piece.