The rapper, who just became the first artist ever to surpass 75 billion streams on the popular music platform, wants to see a change in how musicians are rewarded for their achievements.“We should get bonuses like athletes to motivate the future artists to be consistent and competitive,” he captioned a screenshot of the historic achievement, shared to his Instagram Story on Wednesday. “So feel free to send me a LeBron-sized [cheque]. I have enough dinner plates @spotify.
, Drake seems to be requesting a hefty lump sum of money. Last year, LeBron became a billionaire after doing endorsements for Nike and Pepsi.The hitmaker’s single “One Dance”, featured on hisalbum, became the first song to reach one billion streams in 2016. That same year, Drake was Spotify’s most streamed male artist. In 2017, he was the first artist to earn 10 billion streams and, in 2021, he set another record by receiving 50 billion streams on the music platform.
In order to make a dollar on Spotify, musicians need to rack up about 250 streams, given that the platform usually pays between $.003 and $.005 per stream, as perTypically, the amount paid per stream is determined by an artists’s distribution contract and listener base.
Source: Entertainment Trends (entertainmenttrends.net)
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