How much money does a platinum song make?

On Tidal, $12,500. On Amazon Music, you would get $4,020. Bump that up to a platinum single (recognised as 150,000,000 streams by the Recording Industry Association of America) and here are the numbers; Youtube nets you $103,500, Spotify nets you $655,500, and Apple Music nets you $1,102,500.

How much does a producer make on a platinum song?

If an album sells well, this can translate into millions of dollars. For example, a producer receiving five percent on a platinum record (a record that has sold a million copies), with each copy selling at $20, would receive $1 million.

How much money comes from a platinum album?

«Platinum» can be received with one million sales, but the status of a «Diamond» album will receive with 10 million sales. In the United States, the RIAA has been assigning «status» since 1958. No one can name the exact amount from sales and receiving royalties for a platinum album.

What happens when a song goes platinum?

“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.

What does 5x platinum mean?

Because a gold, or platinum — or, better still, multiplatinum — record means financial success. 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.

How much does an artist make when they go platinum?!?

What is a diamond record?

Diamond awards, honoring those artists whose sales of singles or albums reached 10,000,000 copies, were introduced in 1999.

What is a Diamond song?

The RIAA gives diamond certifications to songs that have gone platinum 10 times.

Who went platinum in 2021?

Olivia Rodrigo and Morgan Wallen topped the RIAA's 2021 gold and platinum awards, the organization announced on Wednesday, with both artists' latest albums attaining double-platinum status and Rodrigo's blockbuster “Drivers License” single being certified four-times platinum.

How much do single hits make?

An average hit song on the radio today will earn the songwriter $600-800,000 in performance royalties. For example, The Black Eyed Peas song "Boom Boom Pow" has had 6.3 million single sales and 3.15 million album sales to date which equates to $860,000 in songwriting royalties.

How many streams is gold?

In order to get to that reckoning, the RIAA has created a new formula: 1,500 streams is now the official equivalent of ten single track sales or one album sale. (Gold status is awarded after the equivalent of 500,000 sales; platinum, on 1,000,000 sales.)

How much money do you get for a gold record?

So a major label artist selling a Gold album which is 500K units would make roughly $149,832 if he/she is on the low end royalty scale, while the independent artist would make $4,000,000.

How much money is a platinum record worth?

On Amazon Music, you would get $4,020. Bump that up to a platinum single (recognised as 150,000,000 streams by the Recording Industry Association of America) and here are the numbers; Youtube nets you $103,500, Spotify nets you $655,500, and Apple Music nets you $1,102,500.

Who makes more money producer or artist?

Usually, a producer makes 3% to 5% (20% to 25%) of the artists share of a master recording. This number could be a bit higher if the producer is influential and has a brand of their own.

Has Jay Z ever went diamond?

So far, only seven hip hop records have reached the Diamond status that signifies 10 million certified album units sold in the US. Such artists as Jay Z, Kanye West, Drake, and Dr. Dre, while having many other accolades imaginable, are yet to reach this milestone in their careers.

Did Eminem go diamond?

The Recording Industry Association of America crowned Eminem a Diamond King on Tuesday (March 8) when it announced that Marshall Mathers had reached yet another gilded career high when he became the number-one awarded musician for singles in the RIAA's Gold & Platinum certifications program thanks to 73.5 million new ...

What is the number 1 selling song of all time?

According to Guinness World Records, Irving Berlin's "White Christmas" (1942) as performed by Bing Crosby is the best-selling single worldwide, with estimated sales of over 50 million copies.

Did Michael Jackson go diamond?

The latest to join the club is, somewhat surprisingly, Michael Jackson, whose album Bad has just earned its diamond certification after just under 3o years.

Who sold 1 million albums in the first week?

"The Marshall Mathers LP" by Eminem

"The Marshall Mathers LP," Eminem's third album, sold 1,760,000 copies in the first week after its release.

Does 50 Cent have a diamond album?

Although 50 Cent mentions diamond status in his posts, his first two albums haven't yet been certified diamond on the Recording Industry Association of America's website. According to the RIAA, as of February 2020, Get Rich or Die Tryin' — which celebrated its 18th anniversary last month — went platinum nine times.

Does Drake have a platinum album?

Drake's fifth studio album, Scorpion was released in June 2018 and again debuted at number one in Canada and in the US. The album was certified platinum on the day it was released and became the first album to be streamed over one billion times in its release week.

Does DaBaby have a platinum album?

2018, Baby has earned two platinum albums with Baby on Baby and Kirk. In 2019, he had the most Hot 100 entries, surpassing the likes of Post Malone and Drake.

How many times has Drake gone diamond?

Drake doesn't yet have a Diamond album (an album that's sold 10 million or more copies), but his single “God's Plan” did reach the prestigious mark.