Streaming payouts by platform

Which Streaming Service Pays Artists the Most?

Bradley J Simons
Bradley J Simons
4x Juno-nominated producer · founder of Velveteen
The short answer

By reported per-stream rate, Tidal, Apple Music, and small audiophile services like Qobuz and Napster top the list, while Spotify pays the least of the majors. But the rate times your audience is what actually pays you, so the highest-rate platform is rarely the one that sends the biggest cheque. For most artists, Spotify earns the most through sheer scale.

Qobuz~$0.019

highest reported per-stream rate, but a tiny audience

Tidal~$0.01+

top-paying major on rate, small reach

Spotify~$0.003

lowest rate of the majors, by far the most listeners

rate × reach

the only formula that tells you what you'll really earn

Key takeaways

  • On per-stream rate alone, small premium services like Qobuz and Napster lead, with Tidal and Apple topping the majors and Spotify last.
  • Per-stream rate is only half the picture. Total dollars equal the rate times your audience on that platform.
  • For most artists Spotify pays the most in total, because its scale dwarfs the higher-rate, smaller-audience services.
  • You can't pick a platform for payout anyway. Your distributor sends your music to all of them, so the real lever is growing your listeners.

The per-stream ranking, since you asked

Here is the order people want when they search this. On reported per-stream rate, the tiny premium services come first: Qobuz quotes around $0.019 from its own audited 2024 figure, and Napster sits in the same neighbourhood. Among the platforms with real reach, Tidal and Apple lead, Amazon and YouTube Music sit in the middle, and Spotify pays the least of the majors. The full numbers and the two sources behind them live on the pillar guide.

That ranking is true and almost useless on its own, because it answers the wrong question. The rate tells you what one stream is worth on average. It says nothing about how many streams you’ll get there.

The platform that pays the most per stream and the platform that pays you the most are usually not the same place.

The formula that decides your cheque

Your earnings on any platform are simple to reason about: the per-stream average multiplied by how many streams you get there. Qobuz paying roughly six times Spotify’s rate sounds great until you notice almost none of your listeners are on Qobuz. Six times a tiny number is still a tiny number. Spotify paying the least per stream still wins for most artists because the audience is enormous.

Run the comparison on your own numbers

Take your monthly streams on two platforms and multiply each by its rough rate. The bigger result is almost always the one with more of your listeners, even when its per-stream number is the lowest on the chart. That little bit of arithmetic kills the per-stream obsession faster than any article can.

What to do with all of this

Stop optimizing for the rate. You release everywhere through your distributor for one price, so there’s no platform to pick and no payout to chase at that level. The thing you control is your audience. Grow listeners where your music already connects and the totals follow on their own, including from the lower-rate platforms that happen to have the people. For the mechanics of how the pool actually splits, the Spotify royalties guide breaks it down.

To see what your real spread across platforms adds up to, run your streams and splits through the calculator.

compare your real payouts with the free royalty calculator

Frequently asked questions

Which music streaming service pays artists the most per stream?+

On per-stream rate, the small premium services win: Qobuz and Napster quote the highest numbers, with Tidal and Apple leading the majors. Spotify sits at the bottom of the majors. These are all reported averages, and the order shifts depending on whether you trust ballpark estimates or data backed out of real statements.

So which platform makes me the most money in total?+

For most artists, Spotify, despite the lowest rate, because it has by far the most listeners. Your total is the rate multiplied by your audience on that platform. A service paying triple the rate to a hundredth of the audience pays you far less. Chase where your listeners are, not the top of the rate chart.

Why don't the highest-paying services make me rich?+

Because their audiences are tiny. Qobuz and Napster quote eye-catching per-stream numbers, but almost nobody you're trying to reach is listening there. A high rate only matters if real listeners are streaming you on that platform. For nearly everyone, the headline-rate services are a rounding error in total income.

Should I move my music to a higher-paying platform?+

There's nothing to move. Your distributor delivers your music to every platform at once for the same price, so you're already on all of them. There's no payout decision to make at the platform level. The only lever you control is growing your audience where your music connects.

Bradley J Simons

About the author

Bradley J Simons

Bradley J Simons is a 4x Juno-nominated producer who makes music as Babbage and founded Velveteen. A former touring musician, he writes about releasing, pitching, and getting paid for music from the artist's side of the desk.

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