Entertainment

Nigerian Artistes Net N11bn From Spotify In 2022

Published

9 months ago

August 11, 2023

Spotify, an online streaming platform has revealed that Nigerian artistes made over N11 billion from the streaming platform in 2022.

Ms Jocelyne Muhutu-Remy, Spotify’s Managing Director for Sub-Saharan Africa, made this known in a statement on Thursday in Lagos.

Muhutu-Remy said that Spotify launched its annual report, Loud & Clear, to increase transparency in the music industry by sharing data on Spotify’s royalty payments.

According to her, artistes deserve clarity about the economics of music streaming.

“In 2022, revenues generated by Nigerian artistes from Spotify alone reached over N11 billion, while Nigerian music industry revenues overall have grown by 63 per cent from 2021 to 2022.

“Revenues generated by Nigerian artistes from Spotify alone grew 74 per cent over this same period.

“The number of Nigerian artistes who generated more than N5 million and N10 million in royalties from Spotify alone has increased by nearly 25 per cent over in 2022.

“This figure represents revenue generated from Spotify alone, and does not take into account earnings from other services and recorded revenue streams, concert tickets or merch,” she said.

Muhutu-Remy said that Spotify is committed to ensuring African creators earn from their art, by exposing them to 550 million active users on the platform.

She said in addition to the data on the revenues generated by Nigerian artistes, there were also new data on top exported Afrobeats albums, top exported Afrobeats artistes, top exported Afrobeats tracks and top exported female Afrobeats tracks.

The managing director said some of the top cities outside of Lagos, where Afrobeats is getting the most streams are London, Paris, Abuja, Nairobi, Amsterdam and Accra.

“Our commitment at Spotify is to ensure that professional musicians make a living from their work.

“Releasing the revenues generated by Nigerian artists in 2022 on our platform is our way of keeping ourselves accountable, and keeping true to our mission to enable artists to live off their art,” she said.

Muhutu-Remy explained that Afrobeats’ surge in popularity could be linked to several factors including international collaborations, power of social media, t rise in music streaming and the African diaspora.

According to a Spotify-commissioned research conducted by Kuvora, 28 per cent of fans believe that international collaborations are one of the key factors driving the growth of Afrobeats. (NAN)

Up Next

BBNaija All Stars: Frodd, Wife Welcome First Child

Don't Miss

Children Are Liabilities, Not Blessings – Self-styled Relationship Expert

Comments

Entertainment

JUST IN: Nollywood Veteran Actor, Ogunjimi Is Dead

Published

24 hours ago

April 26, 2024

Editor

The Nigerian movie industry has again been thrown into mourning after the news of the death of another veteran Yoruba Actor Ganiyu Oyeyemi popularly known as Ogunjimi, surfaced on social media on Friday.

Ogunjimi’s death was announced by a Yoruba actor, Kunle Afod, in a post on his Instagram page.

Mourning the actor, Afod wrote, “We tried our best but God loves you more.

“May his soul rest in peace. Baba Ogunjinmi, RIP, Sun re oooo.”

At the time of writing this report, the cause of death has not yet been ascertained.

Entertainment

I Wanted My Face In My v@gina – American Singer Speaks On Her Sexuality

Published

3 days ago

April 24, 2024

Editor

American singer, Billie Eilish has opened up on her sexuality, giving out a more graphic detail in a new interview.

In a new interview with Rolling Stone, Billie discussed her forthcoming song, “Lunch”, in which she shared details of being intimate with another woman. She said she began writing the song before doing anything with another girl but was able to finish it after one eye-opening encounter with a female.

The singer said: “I’ve been in love with girls for my whole life, but I just didn’t understand, until, last year, I realized I wanted my face in a vagina.

“I was never planning on talking about my sexuality ever, in a million years. It’s really frustrating to me that it came up.”

Billie now seems far more comfortable talking about sex, including the topic of masturbation. In the interview, she confessed to pleasuring herself regularly in front of a mirror, stating it helps with her self-esteem.

She added: “Partly because it’s hot, but it also makes me have such a raw, deep connection to myself and my body, and have a love for my body that I have not really ever had.

“People should be jerking it, man. I can’t stress it enough, as somebody with extreme body issues and dysmorphia that I’ve had my entire life.”