The reality of Spotify for artists: there’s no money in streaming music unless you’re A-list stars like Taylor Swift or BTS

Gabriel Teodros started selling CDs of his hip-hop music when he was 18, but the amount of money he makes from recorded music, which he puts on the music streaming platform Spotify, has plummeted since the CD era.In December 2021, when Teodros shared his 2021 Spotify Wrapped on social media, he got lots of congratulatory messages. People thought since he got 80,000 streams for one of his songs, he must be making a lot of money. In response, Teodros wrote an article on his e-newsletter: There’s…

The reality of Spotify for artists: there’s no money in streaming music unless you’re A-list stars like Taylor Swift or BTS
Gabriel Teodros started selling CDs of his hip-hop music when he was 18, but the amount of money he makes from recorded music, which he puts on the music streaming platform Spotify, has plummeted since the CD era.In December 2021, when Teodros shared his 2021 Spotify Wrapped on social media, he got lots of congratulatory messages. People thought since he got 80,000 streams for one of his songs, he must be making a lot of money. In response, Teodros wrote an article on his e-newsletter: There’s…