After Spotify published its annual financials, it was calculated that the music streamer’s average annual salary was $168, 747 per employee.
Now, David Lowery has calculated that, using a generally accepted estimated rate of $0.00058 per spin, which includes both the public performance (BMI/ASCAP) and streaming mechanical payment, then a songwriter would need 288,104,634.15 spins to earn the average annual salary of a single Spotify employee.
And that’s assuming that the songwriter has retained all publishing rights to the song.