Amazon Music and Apple Music Pay Double Spotify's Streaming Royalties, New Report Shows

Amazon Music and Apple Music Pay Double Spotify's Streaming Royalties, New Report Shows

By Marcus Bennett

January 29, 2025 at 07:07 AM

A new report from Duetti reveals significant disparities in streaming royalty rates among major music platforms, with Amazon Music and Apple Music substantially outperforming Spotify.

Apple Music and Spotify royalties comparison

Apple Music and Spotify royalties comparison

According to the 2024 Music Economics Report, per 1,000 streams, platforms pay:

  • Amazon Music: $8.80
  • Apple Music: $6.20
  • YouTube: $4.80
  • Spotify: $3.00

The global average across all platforms stands at $3.41 per 1,000 streams in 2024, showing a slight decrease from $3.46 in 2023 and $3.69 in 2022.

Notable findings include:

  • Spotify requires 1,000 annual streams before paying royalties
  • Apple Music offers higher rates for spatial audio content
  • Spotify's Discovery Mode generated 26% of indie artists' streams in 2024, double from 2023
  • Discovery Mode usage has contributed to lower overall per-stream payouts

Spotify disputes these findings, stating they don't operate on a per-stream payment model. Their spokesperson emphasized that their approach focuses on user engagement and overall payouts rather than per-stream rates.

The streaming industry continues to evolve with increasing audio uploads, particularly AI-generated content, and growing streaming volumes in emerging markets. These factors will likely continue to impact royalty rates and artist compensation in the coming years.

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