Often asked: How Much Does A Rapper Make Off A Platinum Album?

How much do artists make from a platinum song?

On Amazon Music, you would get $4,020. Bump that up to a platinum single (recognised as 150,000,000 streams by the Recording Industry Association of America) and here are the numbers; Youtube nets you $103,500, Spotify nets you $655,500, and Apple Music nets you $1,102,500.

How much money does an artist make per album?

Artists can receive 10% – 15% of suggested album retail minus packaging costs. Composers and publishers receive 30% or more. “They make money the way they have for years… off of the exploitation of the recordings themselves, and there’s a million ways that is exploited.

How much does a producer make on a platinum album?

If an album sells well, this can translate into millions of dollars. For example, a producer receiving five percent on a platinum record (a record that has sold a million copies), with each copy selling at $20, would receive $1 million.

What rapper has a Diamond album?

There Are Only 7 Hip Hop Diamond Albums and Eminem Recorded 2 of Them. All diamond certified hip hop albums are dated between 1990 and 2003, two of them received a diamond status posthumously, and nobody but Eminem has two entries on this list.

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What’s the highest selling album of all time?

Michael Jackson’s Thriller, estimated to have sold 70 million copies worldwide, is the best-selling album.

Does Drake have a Diamond album?

“God’s Plan” by Drake “God’s Plan” was certified diamond on September 25, 2019.

How much do #1 hit songs make?

An average hit song on the radio today will earn the songwriter $600-800,000 in performance royalties.

How much money is 1 billion streams?

Spotify, which has 155 million paying subscribers, generally pays between $. 003 and $. 005 per stream. Artists need about 326 streams to make $1, and 1 billion streams equals roughly $3 million in royalties.

Who is the highest paid music artist?

1. Taylor Swift: $23.8 million. Swift made Billboard history by earning the #1 spot on the top-paid musician rankings without any concert revenue. Earnings from the artist’s 2020 albums “Folklore” and “Evermore” amounted to $20.6 million in sales and streaming royalties, pushing her to the top of the list.

Which song earns the most royalties?

What are The Highest Earning Songs in History?

  • Dolly Parton – I Will Always Love You.
  • John Lennon and Paul McCartney – Yesterday.
  • Barry Mann, Cynthia Weil, Phil Spector – You’ve Lost That Feeling.
  • Irvin Berlin –White Christmas.
  • The Hill Sisters – Happy Birthday.

What does a platinum album mean?

These awards, given by the Recording Industry Association of America (RIAA), represent huge sales — 500,000 albums for gold, 1 million for platinum, 2 million or more for multiplatinum. (Singles have lower benchmarks; you’ve gone platinum if you sell just 500,000.)

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Is a Diamond record better than platinum?

The award levels are Silver (20,000+), Double Silver (40,000+), Gold (75,000+), Double Gold (150,000+), Diamond (200,000+), Platinum (400,000+) and Double Platinum (800,000+).

How do you become a platinum producer?

If you think your single or album has sold more than 500,000 copies (gold) or 1,000,000 copies (platinum) in the US, or streamed the equivalent*, please let us know.

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