Drake is one of the most streamed artists on Spotify. Though, we know that Spotify doesn’t pay a fixed stream rate to artists. The per-stream rate for a Spotify celebrity artist varies a lot. We can all anticipate that it’s a considerable amount for Drake.
According to Kworb, Drake has been specified as the second most-streamed Spotify celebrity. You’d be surprised to know that Drake has successfully pulled up 21.5 billion streams on Spotify.
Are you surprised to know?
If we look deeper, Drake is paid approximately $0.0049 for one stream on his Spotify channel. In his recent interview, Drake said: “Don’t count my net worth. It’s way more than you can even guess”. This statement leads to the hypothesis that Spotify pays Drake a pretty heavy amount.
Overall, Drake is currently the Spotify king, being the only celebrity earning $52.5 million from his recent 21.5 billion streams. Drake comes at the top of the Spotify Rich List, and the list continues, with Justin Bieber in the third position.
With the current per-stream rate of Drake at Spotify, he can quickly get a total of $3 to $5 million with just a billion streams. Remember! A billion streams is a piece of cake for Drake himself. Drake, on the whole, is ruling over Spotify right now. Considering his fame, he still has several years left to keep leading over Spotify.
Drake and the streaming service have signed a partnership agreement, ensuring that the service has a constant supply of music composed by Drake and that his copyright will be respected. The performer himself will receive a higher royalty rate. You shouldn’t be surprised to know that Drake will have $110 million in 2021.