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HomeMusicTikTok's Royalties Are 500 Occasions Decrease Than Different Streaming Platforms, Report Suggests...

TikTok’s Royalties Are 500 Occasions Decrease Than Different Streaming Platforms, Report Suggests – EDM.com


TikTok’s world success has been good for the platform’s development, nevertheless it appears artists are nonetheless struggling financially.

Regardless of artists’ virality and perceived success on TikTok, it fails to pay a good royalty price, in accordance with a report printed by Billboard. A music government stated ByteDance, TikTok’s dad or mum firm, “would not view music as a worth add.”

“The numbers are horrifying,” added one supervisor who shared his royalty statements. An indie label head who additionally shared statements revealed that 1 million views on TikTok equates to roughly $8. For comparability, 1 million views on YouTube earns between $500 and $2,000.



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