Artists need 730,000 Spotify streams to cover UK energy bills by 2023, survey finds

Artists need 730,000 Spotify streams to cover UK energy bills by 2023, survey finds

Photo: Disclosure/Titto Music

Music distributor Ditto the music published estimates on How many Spotify streams does it take to buy UK essentials?

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According to the company’s research, musicians should create approx 11,713,250 Spotify streams across the UK year-round to reach the level required by average household spending; According to the music distribution company it is equivalent £42,250That is R$ 232,653.85. According to further research Ditto the musicAbout the new annual energy bill 730,198 digital streams.

Photo: Disclosure/Titto Music

“Spotify’s announcement that 17,000 artists are now making $50,000 a year through Spotify alone is very encouraging to hear during this cost-of-living struggle,” he said. Matt Parsons, CEO of Tito Music.

Matt Parsons, CEO of Tito Music. Photo: Background/LinkedIn

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Music distributor research also points to that Artists need to collect about 2.95 million Spotify streams to buy the average used car and many others 17 thousand to fill a full tank of fuel.

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"Reader. Infuriatingly humble travel enthusiast. Extreme food scholar. Writer. Communicator."

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