Snoop Dog earned shocking amount of money after hitting a billion streams on Spotify
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Featured Image Credit: YouTube/ Business Untitled
Snoop Dogg has revealed how much he's made from having his music streamed a billion times on Spotify.
While the rest of us scrape by in a cost of living crisis, it's nice to know others are continuing to rake it in, whether it be from 'playing' people into thinking they've given up smoking weed for a sneaky promo, or having their tunes streamed on Spotify a staggering billion times.
However, how much Snoop's earned for his Spotify streams may surprise you.
Snoop chatted about the technicalities of streaming songs on platforms such as Spotify in an interview with YouTube channel Business Untitled.
The 52-year-old says the 'music industry and the film industry' don't have 'transparency'.
He says: "'Give me a song, give me a song, give me a song, I'm taking 60 percent 'cuz I'm putting it out for you, you getting 40 percent'. That may sound like a lot but you just made $100,000 so... In the streaming world, I can show you right now."
Snoop then gives an example, noting he's just been sent 'some s**t' from his publisher about Spotify, which revealed he's 'got a billion streams'.
You'd think that would make the musician a load of money, and while it is still a lot, Snoop's alleged paycheque definitely isn't as much as you'd expect.
Snoop continues: "I said, 'Break that down, how much money is that?'
"That s**t wasn't even $45,000. [...] You see what I'm saying?"
People are now flocking to social media in debate over the pros and cons of musicians having their work streamed on platforms such as Spotify.
One X - formerly known as Twitter - user said: "Streaming is so dead…. Physical sales might have to come back lol we got rid of CDs too quick."
"Can someone explain why it’s so low? This seems insanely low for how many streams that is," another added.
A third explained: "The reason is because snoop isn’t an independent artist. All those songs are owned by a label and he gets a cut and his cut was 45k. Most artist make the bulk of their money from performing and features."
And a final just simply joked: "All those money goes straight to his weed smoking industry."
Despite this, Snoop notes he still loves making music, loving 'performing' but mostly when he has to 'compete' against other big names.
And ultimately, the rapper resolves: "No matter how much money you make, if you're not making money to make a difference, it don't make none at all."
A spokesperson from Spotify’s website Loud & Clear told UNILAD: "Spotify doesn’t pay artists or songwriters directly.
"Spotify pays rights holders (record labels and publishers). Record labels and publishers then pay artists and songwriters based on deals they’ve signed. Spotify has no way of knowing how much a publisher paid a songwriter for their streams.
"Spotify primarily makes money for music from two sources — Spotify Premium subscribers and advertisers on Spotify’s Free tier. Nearly 70 percent of this money is paid out to music rights holders to what we call the 'royalty pool'.
"Spotify allocates that royalty pool based on each rights holder’s (record labels and publishers) streamshare on Spotify. This money is not divvied up based on a fixed amount per stream because Premium subscribers do not pay per stream; they pay a subscription fee for access.
From here, we encourage you to check out our 'How the Money Flows' video."