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# More artists than you think are making real money on Spotify
- URL: https://www.hypebot.com/more-artists-than-you-think-are-making-real-money-on-spotify/
- Published: 2022-04-04T13:47:00.000Z
- Updated: 2022-04-12T13:31:06.000Z
- Description: Contrary to popular belief, independent artists are making quite a bit of money on Spotify. Don’t believe it? See for yourself… A guest post by Bobby Owsinski of Music 3.0.. Continue reading [https://www.hypebot.com/hypebot/2022/04/more-artists-than-you-think-are-making-real-money-on-spotify.html]
- Author: Alana Bonilla
- Tags: Music Business, Songwriting & Music Publishing, Streaming, music, music career, music industry, musician, Spotify, streaming, #wp, #wp-post, #Import 2026-01-21 09:48

Contrary to popular belief, independent artists are making quite a bit of money on Spotify. Don’t believe it? See for yourself…

*A guest post by *Bobby Owsinski* of [Music 3.0.](https://music3point0.com/2022/04/01/you-might-not-believe-it-but-a-lot-of-artists-made-real-money-on-spotify/?ref=hypebot.com)*

The popular narrative about **Spotify** and streaming services in general is that they pay so little per stream that no one except the A-list artists ever make any real money. You can believe that if you want, but the fact of the matter is that artists do make money from streaming, and **Spotify** has the figures to prove it.

![](https://storage.ghost.io/c/3a/95/3a957c06-c825-4057-9939-0a274cc16d23/content/images/www-hypebot-com/wp-content/uploads/2022/04/spotify-artists-making-real-money.png)

Here are some of the figures from Spotify’s [Loud And Clear website ](https://loudandclear.byspotify.com/?ref=hypebot.com)that show some eye-opening data from 2021.

- **52,600** artists generated over **$10,000** on its platform in 2021
- **16,500** artists generated more than **$50k**
- **9,500** artists generated more than **$100k**
- **2,170** artists generated more than **$500k**
- and **1,040** artists generated more than **$1 million**

On top of that, these numbers are increasing in leaps and bounds. For instance, the 52,600 figure is is *up by 10,100* from 2020, and *more than double* the number of artists that generated $10k or more on the platform in 2017 (23,400).

But there’s more, the company says that 450 artists generated over $2 million and 130 generated over $5 million in 2021.

#### More Data

But there’s more.

- 718,000 songs have now surpassed a million streams on Spotify
- 238,000 songs received a million streams in 2021 alone.
- 230 songs have reached a billion streams

And here’s one that blows my mind that comes via **Music Business Worldwide** (check out [this post ](http://Over 10% of artists %285,300%29 who generated more than $10,000 on Spotify in 2021 released their first song ever in the last two years. In 2021, 350 of these newly-releasing artists generated $100,000 from Spotify.)from much more data):

- “Over 10% of artists (5,300) who generated more than $10,000 on Spotify in 2021 released their first song ever in the last two years. In 2021, 350 of these newly-releasing artists generated $100,000 from Spotify.”

That means that brand new artists just entering the market are seeing real success from their music.

The point is that artists are making real money from the platform, and quite a few are making a living and better from it. It is possible and it is happening around you. If you’re not one of these artists, it’s time to stop complaining about the royalty rates and improve your music or marketing to get in the game, or try another platform or avenue.

***Bobby Owsinski*** is a producer/engineer, author and coach. He has authored 24 books on recording, music, the music business and social media.  

Read more: [https://music3point0.com/2022/04/01/you-might-not-believe-it-but-a-lot-of-artists-made-real-money-on-spotify/#ixzz7PG1eVAVE](https://music3point0.com/2022/04/01/you-might-not-believe-it-but-a-lot-of-artists-made-real-money-on-spotify/?ref=hypebot.com#ixzz7PG1eVAVE)  
Under Creative Commons License: [Attribution Non-Commercial Share Alike](https://creativecommons.org/licenses/by-nc-sa/3.0?ref=hypebot.com)