Drake has generated over $100m on Apple Music and Spotify alone - Music Business Worldwide (2024)

Drake is the biggest artist of all time on both Spotify and Apple Music, according to MBW’s calculations – and has generated comfortably over $100m for himself and his fellow rights-holders across the two services.

Apple confirmed over the weekend that, following the release of his record-breaking Scorpion album, Drake has now surpassed 10bn lifetime streams on Apple Music, becoming the first artist in history to do so.

How does that compare to Spotify?

We pulled Drake’s lifetime global Spotify chart numbers from streaming data site Kworb (up to and including July 21), across 168 tracks (yes, he’s been that prolific), and combined their total stream counts.

Based on these numbers, Drake’s catalog – which includes songs recorded by other artists on which he’s featured – has attracted 13.018bn charting streams to date on Spotify.

Kworb only counts chart-eligible streams on Spotify, so Drake’s official number is likely significantly higher than this. (To prevent people gaming the system, Spotify puts a cap on the number of plays each individual user can contribute to the chart within a 24 hour period.)

Regardless, Drake’s 13bn+ chart total comfortably makes him the biggest artist in history on Spotify, ahead of the likes of Ed Sheeran (9.084bn), Justin Bieber (8.696bn) and Kendrick Lamar (4.589bn).

So… if Drake’s done over 10bn streams on Apple Music and over 13bn streams on Spotify, how much money has he generated on these services?

Drake has generated over $100m on Apple Music and Spotify alone - Music Business Worldwide (1)
Drake has generated over $100m on Apple Music and Spotify alone - Music Business Worldwide (2)

A good ballpark figure on Spotify is a total industry payout (recorded music plus publishing) of approximately $0.005 per stream, which takes into account the fact that around 56% of the service’s users are on its free tier.

On Apple Music, which doesn’t have a free tier, the per-stream payout is naturally higher.

(The oft-cited latest stats from Information Is Beautiful back this up. They suggest that for recorded rights alone, Spotify currently pays out an average blended per-stream rate of $0.00437 while Apple Music pays out – again, just for recorded rights – $0.00735 per stream.)

Playing it safe, then, assuming an average per-stream payout for Drake (publishing-plus-recorded rights) across both services of $0.005 would seem to be conservative.

So… it appears safe to say that Drake’s 23bn+ chart-eligible streams across Apple Music and Spotify alone would have equated to a lifetime total payout in excess of $115m.

The true figure is likely to be higher, especially if billions of Drake streams, as expected, have not been considered chart-eligible by Spotify.

Industry sources suggest his true lifetime global stream count on the service is actually closer to 19bn than 13bn, but this is not publicly verifiable. If that’s true, based on the $0.005 average per-stream metric, Drake would have generated around $145m on Spotify and Apple Music to date.

Earlier this year, Spotify revealed it had paid out €8bn in its lifetime to music rights-holders across the world.

According to our calculations, music recorded by Drake would have claimed over 1% of this money.Music Business Worldwide

Drake has generated over $100m on Apple Music and Spotify alone - Music Business Worldwide (2024)

FAQs

How much money has Drake made from Apple Music? ›

That same report mentioned above claims that Drizzy's 10 billion streams via Apple Music, a milestone he hit in July 2018 (a month before Scorpion dropped), would've earned him a whopping $78 million.

How much money has Drake made off Spotify? ›

Taylor Swift is still the queen of Spotify, with over 81 million lead streams, putting her total earnings at over $327 million. This is ahead of the most-streamed male artist, Drake at 76 million streams and $304 million.

How Spotify built a $20 billion business by changing how people listen to music? ›

By focusing on converting freemium users to paying subscribers, Spotify had grown revenue dramatically. To grow its user base, however, it would have to turn its attention back to its primary engine of subscriber growth, its freemium product.

How much is 1000000 streams on Apple Music? ›

For example, if your album garners 100K streams, you'll earn $1000. And if it gets 1 million streams, your royalties are $10,000. You can also use an Apple Music royalties calculator to estimate your earnings.

Who has 1 billion streams on Apple Music? ›

Although Apple Music has yet to see any song reach 1 billion streams on its platform, data from the company suggests that this achievement is also on track to happen around November 2023, with Ed Sheeran's 'Shape of You' currently the most streamed song on Apple Music, with roughly 930,000,000 streams.

Is Drake a billionaire? ›

Q: Is Drake a billionaire? No, Drake is not yet a billionaire. However, his net worth is estimated to be $250 million, so it is possible that he will reach billionaire status in the near future.

How much does Jay Z make from Spotify? ›

Another insider camp, though, calculated that JAY-Z would only pocket an estimated $250,000 after releasing his chart-topping album on Spotify's premium paid tier for a week.

How much is 1000000 streams worth on Spotify? ›

How much does 1 million streams on Spotify pay? The payment for 1 million streams on Spotify can vary, but it is generally estimated to be around $4,000 to $7,000. This amount is, however, split between the streaming platform and the rights holders.

How many Spotify plays does it take to make $1000? ›

How many streams on Spotify = $1000? On average, you'll have to earn 300,000 to 350,000 streams to generate roughly $1000. Due to those variables we mentioned above, however, streams are not created equally.

Who is the CEO of Spotify? ›

Spotify CEO DANIEL EK Has No Idea How Much Making Music Or "Content" Actually Costs.

Does Spotify cause money? ›

The Spotify Premium prices in USA are different depending on which Premium plan you choose: The Spotify Premium Individual plan costs $10.99 per month, the Premium Duo plan costs $14.99 per month, the Premium Family plan costs $16.99 per month, the Premium Student plan costs $5.99 per month.

Who pays artists more, Apple Music or Spotify? ›

Apple Music Song Royalties Almost Twice As Much As Spotify - Music 3.0 Music Industry Blog.

How many streams for $1 dollar on Apple Music? ›

Full Stream Ahead
Streaming serviceAvg. payout per stream# of streams to earn one dollar
Tidal$0.012580
Apple Music$0.00735136
Google Play Music$0.00676147
Deezer$0.0064156
5 more rows
Sep 12, 2019

How much money is 80 million streams on Spotify? ›

“It's my understanding that I had over 80 million streams on Spotify this year.” He continued: “So if I'm doing the math right, that means I earned $12, so, you know, enough to get myself a nice sandwich at a restaurant.

How many streams does Drake get on Apple Music? ›

Apple confirmed over the weekend that, following the release of his record-breaking Scorpion album, Drake has now surpassed 10bn lifetime streams on Apple Music, becoming the first artist in history to do so.

How much money does a song make on Apple Music? ›

In a post on its own website, Apple Music states: “While royalties from streaming services are calculated on a stream share basis, a play still has a value. This value varies by subscription plan and country or region but averaged $0.01 for Apple Music individual paid plans in 2020.”

Does Drake use Apple Music? ›

At the peak of his commercial powers, Drake has turned Apple Music into something of a personal platform for his expansive brand.

Does Drake have a contract with Apple Music? ›

While it's unknown how much money Drake made from his exclusive Apple contract—royalties vary depending on the artist's deal with record labels, copyrights, and whether a song was streamed or purchased, among other factors—the popularity of his album during its first several days on Apple Music suggests he may have ...

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