Drake has called on Spotify to pay artists bonuses instead of plaques as a reward for reaching milestones on the music platform.
Drake sends a Message to Spotify (pay artists bonuses) after historic 75B streams milestone
Drake urges Spotify to pay artists bonuses after reaching historic 75 billion streams on the music platform.
Drizzy has called on Spotify to pay artists bonuses as a reward for reaching milestones on the platform.
The Toronto rapper took to his Instagram Stories on Wednesday (February 1) to celebrate becoming the first artist in Spotify history to surpass 75 billion streams.
The OVO founder was more concerned about his fellow artists getting paid generously for bringing users to the streaming service. “We should get bonuses like athletes to motivate the future artists to be consistent and competitive,” Drake wrote on his Instagram Story. “So feel free to send me a LeBron-sized [check]. I have enough dinner plates @spotify.”
According to HoopsHype, NBA star LeBron James earns an annual salary of about $45 million from the Los Angeles Lakers. Last year, he became a billionaire thanks to his endorsements outside of the court with Nike and Pepsi.
Drake became Spotify’s most-streamed artist of the 2010s, he boasts some of the biggest singles of all time on the platform, with “One Dance” and “God’s Plan” both sitting on over two billion streams each.
According to Ditto Music, Spotify currently pays artists between $0.003 and $0.005 per stream on average, with 70 percent of revenue going to the artist/rights holders and 30 percent to Spotify.
Many artists have been critical of streaming platforms and their royalty payments over the years. In December 2021, T-Pain shared a post claiming it would take 315 streams of a song on Spotify to make just $1, alongside the ratio of other streaming services.