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Who’s Making the Most Money on Spotify in 2025?

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In 2025, Spotify conquers the music streaming world, with 500+ million monthly paying subscribers globally. Considering the platform paid out $10 billion in royalties, a record high, during 2024, it’s evident that streaming is now a revenue stream for artists. Yet only a few musicians are making good money from it.

At the top of the list is Drake, whose 21.5 billion streams yield around $52.5 million. Next up is J Balvin, with $37.9 million this year, a clean-up job from his massive streaming numbers. Other artists who earned significant amounts included Post Malone, Ariana Grande, and Bad Bunny, each featured among the platform’s top earners.

In electronic music, the Chainsmokers had 7.2 billion streams and made $17.7 million, and Calvin Harris made $14 million. The first-place finisher among the grossers is Ed Sheeran’s “Shape of You,” which earned $6.6 million from 2.7 billion streams.

Although these numbers are impressive, most artists on Spotify receive a much lower payday. In its 2024 Loud & Clear report, Spotify found that only 4.4% of artists make at least $131,000 annually. On average, an artist in the bottom 98.6% of earners makes just $12 monthly. This difference underscores the difficulties many musicians face in the streaming age.

Dead artists are still having a real impact on Spotify. Pop Smoke, Shoot for the Stars, and Aim for the Moon have 8.51 billion streams, £29.29m, 6.79 billion streams, and £23.37 million in earnings with Juice WRLD’s “Legends Never Die.” Lil Peep and The Notorious B.I.G. are also proving influential, with their music still raking in significant amounts of money.

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Spotify’s global platform has allowed artists to perform in front of audiences beyond their home countries. In 2024, most artists who earned at least $1,000 in royalties made most of their revenue through international listeners, at over 50%. Since 2017, the number of female artists grossing over $1 million per year has quadrupled, signaling greater diversity and representation in the music industry.

The few artists who do make millions from Spotify streams get 1 %, while the 1% of artists get funds. Only a handful of artists are financially rewarded through it, even as the platform’s continued global reach and growing diversity create opportunities for emergent practitioners.

Let me know what you thought of this post in the comments if you found this article interesting!

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Artist Spotlight

“Hell has frozen over” finds Sarina choosing peace over being understood

Sarina

Sarina’s new track, “Hell has frozen over,” explores the less dramatic, more complicated moment of reaching the end of the road, being gaslit, ignored, rejected, and painfully lonely. It translates the emotional burnout into a rock-pop context that’s easy to understand.

“Hell has frozen over” focuses on the decision to step away, instead of explaining, defending, or seeking understanding from people who refuse to listen. The rock foundation gives it the right weight, the pop influence makes it accessible, and the focus stays on the emotional message.

Sarina’s art is the struggle of loss and being strong in yourself. It’s about understanding that protecting your peace is more important than being understood. And that’s the emotional balance that gives the release its character so that the subject matter has relevance beyond a particular circumstance.

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“Hell has frozen over“ is a relief from the burden of carrying on a debate that will never be resolved. Sarina turns an experience of isolation into a statement about boundaries, resilience, and the choice not to get caught in the same cycle. The result is a record that’s at its best when it’s being true to what it feels like to finally be free from whatever has been holding you down.

Photo Credit: Andrea Hunter

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Artist Spotlight

Girlhood finds summer warmth and quiet freedom on “Lemon Aid”

Girlhood

“Lemon Aid“ is a warm indie-pop ballad from Girlhood that finds comfort in the ordinary and weaves in a sense of release. This song is about surrendering to the moment, finding space to breathe, and letting a little lightness back in. This reflective core is surprising, given the warm summer-night feel of the track, hinting at a moment of emotional rebalancing.

Singer-songwriter Natalie Holmes has a tender personality and fronts the slow-burning “Lemon Aid.” The production supports that softness, keeping the song’s gentle mood and intimate direction front and center. Beneath the comfort is a thoughtful examination of pressure, transition, and the need to pause.

The song’s link to the streets of Stroud offers yet another layer of art to the work. Familiar places can mean something when life feels uncertain, and the emotional scene involves storefronts, parks, cafes, and leafy, winding streets. “Lemon Aid“ searches for beauty in everyday places and rituals, finding still moments that mean something without getting carried away.

The track is the first release of Girlhood’s forthcoming album, “This Will Make Sense In The End,” a more reflective chapter with hope at its heart. “Lemon Aid” is about softness, conjuring a space where dancing, wandering, and just existing can feel like a cure. It’s an unleashing of small observations and soft emotional movement and a clear indication of the thoughtful direction that Girlhood is heading next.

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