Streaming – Qobuz announces average payout rate
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The music platform Qobuz is the first streaming platform in the world to have its average payout rate per stream officially audited.
The results of an independent report confirm: Qobuz is committed to fairer remuneration for artists and offers a sustainable model for the music industry.
Transparency in the music industry
The platform has published its average royalties per stream. In fiscal year 2024, the payout to labels and publishers was €0,01802 per stream.
This means: A song with 1.000 streams on Qobuz brings the rights holders 18,02 euros, which is then passed on to the be passed on.
In addition, Qobuz stands out from the industry average with significantly higher revenue per user (ARPU – Average Revenue per User).
While the competition generates an average of 21,73 euros per year, Qobuz generates 117,60 euros – almost five times as much, which has a positive effect on the remuneration of music providers.
Qobuz: An artist-friendly model
The platform was founded with the goal of promoting musical diversity and ensuring fair compensation. Four key features underline this approach.
◉ No ad-supported free subscription: Without a free streaming option, Qobuz promotes a model that ensures higher revenues for music producers.
◉ High-quality subscriptions: Qobuz offers lossless and high-resolution (Hi-Res) audio quality as well as exclusive editorial content.
◉ High-quality download store: Users can purchase music directly in Hi-Res and CD quality – a model that particularly benefits independent artists.
◉ Promoting diverse music genres: Qobuz also gives a platform to less popular genres such as jazz and classical music through curated playlists and editorial recommendations.
More justice in music streaming
Like other streaming platforms, Qobuz pays out about 70% of its revenue to rights holders, who then distribute the royalties to artists, composers, and songwriters.
Georges Fornay, Deputy General Director of Qobuz, emphasizes: "Our compensation rates are among the highest in the industry. Now we're going a step further and making them officially transparent. This is a milestone for a fairer music industry."
Conclusion
With this disclosure, Qobuz is sending a strong signal for fairness and sustainability in the music industry.
Users who choose the platform actively contribute to better remuneration models for artists and diversity in the music landscape.
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Sierks Media / © Photo: SergeyNivens, de.depositphotos.com
