Snoop Dogg Talks About How Much He Earned From 1 Billion Spotify Streams (2024)

Snoop Dogghas has shared insights into the economics of streaming, disclosing the amount he earned from his publishing company upon reaching one billion streams on Spotify.

The rap star shared surprising details about artist earnings from streaming on the recent Business Untitled podcast episode. The West Coast rap icon disclosed that he received less than $45,000 for reaching 1 billion streams on Spotify.

The interview didn't make it clear whether Snoop was discussing the total earnings from a billion streams or, given his mention of talking to his publisher, if he was specifically referring to publishing royalties.

Publishing royalties are shared among songwriters, with divisions between music and lyric contributors. These differ from recording royalties, which benefit those who own the sound recording.

The source of Snoop's figure remains uncertain, but, on average, Spotify pays artists around $0.0035 per stream. This amount doesn't go directly to the artist, with various parties like record labels, managers, and credited songwriters, along with Spotify taking a share. If accurate, the claim of just $45,000 for a billion streams on Spotify alone seems remarkably low, raising questions about the accuracy of such estimates.

According to a recent Variety report, Taylor Swift is poised to generate over $100 million solely from Spotify streams this year, accumulating an impressive 26.1 billion streams.

Similarly, Snoop Dogg could realistically expect to earn between $3-4 million from Spotify, assuming there's no label diverting his revenue.

In a separate interview, he shared that his upcoming album with Dr. Dre is nearly complete, marking a three-decade journey since their first record.

Spotify is set to alter its royalty model in the first quarter of next year, as per a November report from Music Business Worldwide. From January 2024 onwards, songs must achieve a minimum of 1,000 annual streams to be eligible for royalty payments.

FAQs:

Q1: What is Snoop Dogg's real name?
A1: Calvin Cordozar Broadus Jr.

Q2: What is the name of the marijuana-related products brand owned by Snoop Dogg?
A2: Leafs by Snoop.

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