New study reveals the highest earning songs in each country
There’s no doubt about it: streaming services like Spotify have revolutionized the way we listen to music. Where once enjoying music meant first rifling through a stack of CDs or paying (and waiting) for a download, Spotify instead offers 100 million tracks at the touch of a button.
Spotify has also changed how we find music. For example, personalized playlists, powered by algorithms based on the user’s music taste, meant that Spotify recommended over 30% of overall listening in 2017. Tracks by little-known artists that otherwise would remain obscure are pushed to the forefront and up the charts, thanks again to Spotify’s playlists.
But the world’s most popular streaming service doesn’t get access to these tunes for free — in 2021 alone, Spotify shelled out 7 billion dollars in royalties to the music industry. What you may not know is that users have a say in just how much is paid to music makers, with a pay-per-stream fee generated each time a song is played.
With this in mind, the data analysts at NetCredit wondered: based on local listeners all over the world, which songs are earning the most money in each country on Spotify?
