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The album-equivalent unit, or album equivalent, [ 1 ] is a measurement unit in music industry to define the consumption of music that equals the purchase of one album copy. [ 2 ][ 3 ] This consumption includes streaming and song downloads in addition to traditional album sales. The album-equivalent unit was introduced in the mid-2010s as an ...
Canadian rapper Drake is the most-streamed male artist in Spotify's history. South Korean boy band BTS is the most-streamed group in Spotify's history. [ 1 ] The following list contains the most-streamed artists on the audio streaming platform Spotify. As of February 2024, American singer-songwriter Taylor Swift is the most-streamed artist, [ 2 ...
You might have seen a popular metric that suggests artists make, on average, somewhere between $0.003 and $0.005 per stream. But because streaming platforms don't pay artists directly, that number ...
The following list of best-selling music artistsincludes musical artists from the 20th century to the present with claims of 75 million or more record salesworldwide. The sales figures are calculated based on the formula detailed below. The tables are listed with each artist's claimed sales figure(s) and their total independently certified ...
Drake — 47.5 million units. Drake is one of the best-selling artists of the 21st century. Prince Williams/Wireimage/Getty Images. 30. Shania Twain — 48 million units. Twain is the only female ...
Spotify is the largest platform of all — making up roughly 31% of the total market share — with a reported 626 million users and 246 million subscribers in over 180 markets. In July, Spotify increased its monthly subscription cost. So, how does money from advertisers and subscription fees move from Spotify to artists’ wallets, anyway?
A wall of Gold and Platinum records on display at Country Music Hall of Fame and Museum. Music recording certification is a system of certifying that a music recording has shipped, sold, or streamed a certain number of units. The threshold quantity varies by type (such as album, single, music video) and by nation or territory (see List of music ...
Spotify generates revenue by selling premium streaming subscriptions to users and advertising placements to third parties. Some of the premium options users may choose from include individual, duo, family, and student. [165] In December 2013, the company launched a new website, "Spotify for Artists", explaining its business model and revenue data.