Still perhaps their most lucrative deal yet, the couple signed a five-year, $100 million contract with Netflix in September 2020 to produce documentaries, docuseries, feature films, scripted shows and children's programming.
Spotify's head of podcast innovation and monetisation has labelled Prince Harry and Meghan, Duchess of Sussex “grifters” after their $20m, multi-year deal to make podcasts with the streaming platform came to an end after they made just 12 episodes.
An Archewell Productions spokeswoman added to The Wall Street Journal: “Meghan is continuing to develop more content for the Archetypes audience on another platform.” A source with insider knowledge of the situation told the New York Post that Archewell simply didn't produce enough content to receive the full pay-out ...
James Cridland, an audio expert and editor of the industry newsletter Podnews, says the output suggests "a lack of productivity" by Archewell Audio. "Meghan only produced 12 episodes of her Archetypes show, which seems poor value for a reported $30 million contract," he told the ABC.
Prince Harry and Meghan Markle's Netflix Deal Remains Intact – Rolling Stone.
They shut down all rumours on Harry and Meghan's Netflix deal being cancelled as they added that their "exciting journey" with the Duke and Duchess of Sussex "isn't ending anytime soon".
Prince Harry and Meghan Markle recently parted ways with Spotify, but are still working with Netflix.
After Prince Harry and wife Meghan Markle's dramatic falling out with the British royal family in 2020, the couple's production company, Archewell Audio, inked a deal with Spotify reportedly worth $20 million.
Harry, 39, and Meghan, 41, inked an agreement with the audio giant back in December 2020, estimated to be worth a whopping $20 million. The streaming giant is now firing a significant number of staffers due to the money lost in the deal.
Earlier this month, Spotify, Prince Harry, and Meghan Markle made a “mutual decision” to part ways on their $20 million exclusive deal. However, despite the microphones being put away, the noise inside Archewell Audio still seeps out in the form of drama and rumors.
A Spotify executive has spoken out about the scrapping of Harry and Meghan's $20m (£15m) deal with the streaming service, calling the royal couple "f****** grifters".
Drake is Spotify's highest earner, with an estimated haul of $52,546,150. The top-grossing song on Spotify is Shape of You, which earned Ed Sheeran $6,566,000. Spotify's 10 highest-earners have made a combined $337,485,480 from the platform.
The average price per stream is $0.004. $4 for every 1,000 streams. $4000 for each million streams.
Spotify generally pays between $. 003 and $. 005 per stream, according to Business Insider. That means it can take more than 300 streams to earn just $1, while 1 billion streams can equal between $3 million and $5 million in royalties.
As of July 2023, a total of 454 songs have surpassed one billion streams on Spotify, 38 have surpassed two billion, and just 2 have surpassed three billion in the platform's history.
How Much does apple music pay per million streams? Apple Music pays artists about $7,000 to $10,000 per million streams.
During the current year, Shape of You by Ed Sheeran and Blinding Lights by The Weeknd became the only 2 songs with more than 3 billion streams. In 2021, 9 artists, have reached more than 2 billion streams. In 2022, 12 more artists, have achieved this milestone as well.
Spotify pays artists between $0.003 - $0.005 per stream on average. That works out as an approx revenue split of 70/30 - so that's 70% to the artist/rights holders and 30% to Spotify.
For Spotify, you'll need around 229 streams to make $1. And 249 streams to reach $1 in Amazon Music. With the MusicGateway Streaming Royalties Calculator, you can compare the royalties from different streaming platforms, including the top three platforms plus Tidal, Deezer, and YouTube Music.
Spotify Earnings
Assuming she makes $3 for every thousand monthly listeners, she cumulatively makes $237,546.52 per month from Spotify. No doubt, Taylor Swift is not only the most popular pop artist in America but also one of the most successful.
Prince Harry and Meghan's Archewell Audio and Spotify 'mutually' end partnership. Prince Harry and Meghan's Archewell Audio, the studio behind their 'Archetypes' podcast, has 'mutually agreed' to part ways with Spotify.