But most of these songs drown in the flood of new music – because only a fraction of artists actually make bank. The remaining 11 million songs are covered by independent labels. DIY artists released 9.5 million tracks, meaning eight times as many. A study has shown that of these, 1.2 million songs were released through major labels. That’s almost 22 million tracks per year. Only 7,500 artists earn more than 100k per year through Spotifyīased on the newest numbers there are 60,000 songs being uploaded to Spotify every day.800 artists receive 20% of all payouts from Spotify. There are 8 million artists on Spotify, but only 57k account for 90% of all streams.
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