Sunday, May 19, 2024

The Beatles Earned How Much This Week from Spotify Streaming “Now and Then”? Answer Will Shock You

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The Beatles released “Now and Then” 8 days ago, and the song went to number 1 everywhere.

In the UK, they’re listing it on their official charts as number 1 for the week. The same may be true next week for Billboard. Despite the feverish fans of Jung Kook constantly pressing BUY on iTunes, “Now and Then” has been a big hit.

So what’s going on over at Spotify? According to the site, the song has been streamed 17.6 million times. For a band like the Beatles, whose fans would rather have the record or download it than stream, 17 million sounds pretty good.

You’d think the group would be making a fortune, right? But according to Spotify’s revenue calculator, it’s not so much.

Grand total for 17.6 million streams? Drum roll please:

$42,000. That’s forty two thousand dollars. Not millon, or billion. Thousand!

For the Beatles, $42,000 is pocket change. It’s what Paul spends flying to the UK, what Ringo pays for dinner.

But that is the cold, hard reality of Spotify. There’s no money it. Once the Beatles split that money in four and pay taxes on it, and fees to various people, they will literally have enough for lunch and a movie.

And they’re THE BEATLES!

Imagine if they were just a little band, or a middling act whose song people like. This means those acts get chicken feed.

Now you know why Paul and Ringo are each on tour right now. Pass the hat!

By the way, the Beatles’ biggest streaming song is “Here Comes the Sun” with 1.2 billion streams. It was added to the service 8 years ago. Estimated earnings $3-$5 million, before taxes and fees. “Now and Then” has a ways to go!

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.
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