Daniel Inskeep Reveals Earnings From Over 2 Million Spotify Streams
In this article, we’ll explore how much Daniel Inskeep (Generation Lost) made from Spotify over the last two and a half years. Daniel takes us through the intricacies of his journey, revealing the numbers and strategies behind his success.
Background
Daniel begins by explaining the tools he uses in his music distribution journey—DistroKid for streaming and Artlist for licensing. He stresses the affordability and efficiency of these platforms for independent artists, laying the foundation for his financial revelations.
The Spotify and Apple Music Breakdown
1. Streaming Revenue:
Mr. Inskeep distributes his music through DistroKid, with a yearly cost of $36. He has seven albums/EPs and a total of 50 songs available on various streaming platforms. The most streamed release, initiated in May 2019, accumulated almost 2 million streams over the last 365 days.
- Spotify: 1,444,395 plays
- Apple Music: 192,346 streams
The reported earnings from streaming alone, particularly on Spotify, amounted to $7,681.58, with a breakdown of $5,086 from Spotify and approximately $1,300 from Apple Music.
2. Licensing Revenue:
Mr. Inskeep utilizes Artlist for licensing his music, paying $200 per year for unlimited downloads. He emphasizes the importance of creating alternate versions of tracks to cater to various licensing needs. Here is a breakdown of his licensing earnings:
- 2019: 19,586 downloads, earning $12,888.40
- 2020: 42,946 downloads, earning $18,771.26
- 2021 (up to the present): 31,000 downloads, expecting to match or exceed the 2020 earnings by the end of the year
3. Total Earnings:
Combining streaming and licensing earnings, Mr. Inskeep generated a total of $39,318 over the last two and a half years, demonstrating a consistent and growing income from his music.
It is important to note that the figures provided may be subject to slight discrepancies due to reporting delays from streaming services and the annual payout structure of Artlist.
In conclusion, Mr. Inskeep’s experience sheds light on the potential for independent artists to generate income through a combination of streaming and licensing platforms.
