(Gold status is awarded after the equivalent of 500,000 sales; platinum, on 1,000,000 sales.) Theoretically, if an artist's single were streamed 1.5 billion times on YouTube, the whole album could be certified platinum.
The RIAA's four official certification requirements are 500,000 units (Gold), 1 million units (Platinum), 2 million units (Multi-Platinum), and 10 million units (Diamond, a level reached by such royalty as Led Zeppelin, Mariah Carey, Outkast, and Garth Brooks).
IMPALA certification
The award levels are Silver (20,000+), Double Silver (40,000+), Gold (75,000+), Double Gold (150,000+), Diamond (200,000+), Platinum (400,000+) and Double Platinum (800,000+).
The standard as the RIAA (Record Industry Association of America) defines it is as follows: One album sale equals 10 song downloads or 1,500 song streams.
The Recording Industry of America (RIAA) says 1,500, which means a Platinum Award requires a mere 1.5 billion streams.
A Gold record is a song or album that sells 500,000 units (records, tapes, and compact discs). The award was launched in 1958; originally, the requirement for a Gold single was one million units sold and a Gold album represented $1 million in sales (at wholesale value, around a third of the list price).
As for how much Spotify pays per stream, they pay roughly $0.04 per 10 streams. So, 1000 streams would be around $4, and 100,000 streams would be $400. Remember, this result may be lower based on certain factors such as if only half of your song was listened to.
Maybe you want a silver award with chrome silver logo for 100,000 streams, or a grey award with gold chrome logo for 500,000 streams or even a dark grey award with a platinum holographic logo to celebrate 1 million streams, the choice is yours!
In the years since, it has been bestowed sparingly — if a song has moved at least 10 million equivalent units by combining sales and streaming numbers, and if an artist or label requests certification.
Spotify pays between $0.001 and $0.008 per stream to artists. This means that if your song is streamed one million times on Spotify, you can expect to earn between $1,000 and $8,000.
As will each listener's country of origin and whether they're tuning in from a free Spotify account or from a Spotify Premium account. Artists can make an average of anywhere from $3,300 to $3,500 per 1 million streams.
ARIA certifications
A music single or album qualifies for a platinum certification if it exceeds 70,000 copies shipped to retailers and a gold certification for 35,000 copies shipped.
(Gold status is awarded after the equivalent of 500,000 sales; platinum, on 1,000,000 sales.) Theoretically, if an artist's single were streamed 1.5 billion times on YouTube, the whole album could be certified platinum.
If your first album sells a million copies, your band should get $1,500,000. What's not to like about that? The first thing to keep in mind is reasonable expectations for the sale of an album.
These awards, given by the Recording Industry Association of America (RIAA), represent huge sales — 500,000 units for gold, 1 million for platinum, 2 million or more for multiplatinum, and 10 million for diamond. Singles have the same criteria with sales and streaming (100 streams amount to one digital download).
How Many Streams on Spotify = $1000? Based on the average payout of $0.003/stream, to earn $1000 on Spotify, you'll need to get 300,000 – 350,000 streams.
How Much Does YouTube Pay You for 1 Million Views? On average, you can earn $2,000 to $15,000 per million views on YouTube. The exact number depends on factors like your content niche, video length, and geographic location.
Artists receive about $7,000 to $10,000 per million streams on Apple Music.
If you are unsure of if your title has been certified before, you can check the riaa.com/gold-platinum database. Please note, any certifications your label has asked to embargo will not appear on the riaa.com website until the label contact requests them to be included.
“Going Gold” is the music industry's parlance for selling 500,000 copies of an album. “Going Platinum” means the album has gone to the next step, doubling the sales to 1 million copies.
Platinum is the certification awarded to music albums that have sold more than 1 million copies. Gold is awarded to music albums that have sold more than 500,000 copies. Diamond is the highest certification and is awarded to music singles that have sold more than 10 million copies.