Taylor Swift, the queen of pop, is raking in the dough on Spotify. With a whopping 26.1 billion global streams, she’s not only the platform’s top artist but also poised to earn a cool $97 million (UGX 368,967,078,749) this year. And that’s not even counting the rest of December!
How Does Taylor Swift Dominate Spotify ?
But how did Swift become Spotify’s golden goose? It’s all thanks to her savvy business moves. Unlike many artists, she owns most of her masters, meaning she gets a bigger slice of the streaming pie. Plus, she’s busy re-recording her earlier albums, ensuring she controls her music and its earnings.
More Than Just Streams
While streams are her bread and butter, Swift’s payday gets even bigger when you factor in publishing revenue. With an estimated total of $131 million (UGX 498,295,745,527), she’s laughing all the way to the bank.
This news comes hot on the heels of Spotify revamping its royalty system. The goal? To curb those pesky fake streams and keep the money flowing to the real artists, like our gal Taylor.
Top 10 Spotify Money Makers
But Swift isn’t the only one swimming in Spotify cash. Here’s a peek at the top 10 artists raking it in: 1. Taylor Swift
2. Bad Bunny
3. Drake
4. The Weeknd
5. BTS
6. Kanye West
7. Ed Sheeran
8. Justin Bieber
9. Billie Eilish
10. Olivia Rodrigo
These superstars have millions of fans streaming their music every month, and Spotify is happy to pay them for the privilege. And with the new royalty system in place, they can be sure their hard work is translating into real money.
So, the next time you hear a Taylor Swift song on Spotify, remember: you’re not just listening to a catchy tune, you’re contributing to the wealth of a savvy businesswoman who’s redefining the music industry. Not bad for a pop star, eh?