How much do Streaming service pay musicians in 2022? [infographic]
Spotify is a Swedish audio streaming and media services provider founded on 23 April 2006 by Daniel Ek and Martin Lorentzon. It is the world’s largest music streaming service provider, with over 381 million monthly active users, including 172 million paying subscribers, as of September 2021. Spotify has $7.7 billion worth of assets with a net income of -$658 million in 2021.
Tidal is a Norwegian subscription-based music, podcast and video streaming service that offers audio and music videos. Tidal was launched in 2014 by Norwegian public company Aspiro and is now majority-owned by Block, Inc., an American payment processing company.
Napster is an audio streaming service provider owned by MelodyVR. It originally launched on June 1, 1999, as a pioneering peer-to-peer file sharing software service with an emphasis on digital audio file distribution. Audio songs shared on the service were typically encoded in the MP3 format.
Deezer is a French online music streaming service. It allows users to listen to music content from record labels, including Universal Music Group, Sony Music and Warner Music Group as well as podcasts on various devices online or offline.
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