Practically Three Million Tracks Are Being Uploaded To Streaming Providers Each Month, Most Go Unheard

The panorama of streaming music is simply getting bleaker by the day, from low payouts to the commonly fickle algorithms that push a really choose few artists. Sadly a report by Luminate doesn’t alleviate any of that darkness for musicians.

Luminate’s 2024 Yr-Finish Music Report, roughly 99,000 songs are uploaded to streaming providers every day – or about 2.77 million songs monthly. That is down barely from 2023 when roughly 103,000 songs have been uploaded every day to all streaming providers, however it’s nonetheless an insane quantity of tracks. The report additionally notes that there was roughly 202 million separate tracks obtainable on streaming providers on the finish of 2024, which is up from the 184 million obtainable on the finish of 2023.

Here is the place issues get a little bit (loads) horrible. Of these 202 million songs on streaming providers, 93.2 million have been performed a most of 10 instances. Given Spotify’s coverage of not paying out royalties for any monitor that will get under 1,000 streams per 12 months, this robotically signifies that 93.2 million songs have been offering free labor. The report additionally notes that 175.5 million didn’t meet that 1,000 play yearly threshold, so for all you math junkies on the market, which means 86.88% of all music on Spotify is not making a single cent. Nice!

Oh, and yet another grim Spotify statistic – roughly 95% of all artists on Spotify have lower than 1,000 month-to-month listeners. Think about all of the AI-generated rubbish that is floating round on streaming providers and it is a good darker image than the already-pretty darkish image above. For an extremely in-depth dive into that, I strongly recommend anybody and everybody learn Liz Pelly‘s latest article The Ghosts within the Machine proper right here.