Taylor Swift set earn $100million from Spotify

Popstar Taylor Swift will earn $100m from Spotify streams alone this year, bringing her total revenue from all online streaming platforms to an estimated $200m
The popstar was recently crowned Spotify’s Top Global Artist of 2023, with Swift racking up over 26 billion streams on the platform.
Now, Billboard has estimated that Swift will bring home $100 million from Spotify alone. According to their royalty calculator, the 26 billion streams Swift has accumulated will have earned her $101million in royalties by the end of December 2023. Accounting for publishing revenue, Billboard claimed Swift will have made around $131 million on the streaming platform.
However, this figure does not include other platforms such as Apple Music, YouTube Music and Amazon Music. If these streaming services were to be included, Billboard estimated that Swift would have had a total of 38.3 billion streams, which allegedly may have earned the singer about $160 million in royalties. Add in publishing revenue, and Swift’s on-demand streaming revenue will have approached $200 million in total.
The news of Swift’s success follows Spotify’s recent announcement of their royalties model. In November, the platform confirmed that all songs on the platform must have a minimum of 1,000 streams before they can earn any royalties. Spotify announced its slate of new policies in the hopes of reducing the risks of fraud and containing the volume of content. NME