Quick Answer: How Much Money Does A Platinum Song Make?

What is the biggest selling one hit wonder?

The 11 top-selling music singles from one-hit wonders of all time, from Gotye to the ‘Macarena’Tag Team, “Whoomp.

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Plain White T’s, “Hey There Delilah” — 4x platinum.

Los del Rio, “Macarena” — 4x platinum.

Hinder, “Lips of An Angel” — 4x platinum.

Far East Movement, “Like A G6 ft.

Chamillionaire, “Ridin’ ft.More items…•.

What song has gone platinum the most?

Candle in the Wind 1997The RIAA only certifies a particular recording of a song….Physical singles.Song”Candle in the Wind 1997″Artist(s)Elton JohnRelease year1997Claimed sales (million)8.84No. of times Platinum11×19 more columns

Who makes more producer or artist?

In the real world, the singer will make the most, and then the songwriter, the producer usually collects pay from several projects.

Who is the top selling rapper of all time?

EminemEminem. Marshall Bruce Mathers III, aka Eminem and “Kind of Hip Hop”, is known as the best selling solo rapper of all time, and one of the largest selling musicians of the century. Eminem’s LP “The Marshall Mathers” sold almost 11 million copies in the USA alone.

What’s higher than a diamond album?

The award levels are Silver (20,000+), Double Silver (40,000+), Gold (75,000+), Double Gold (150,000+), Diamond (200,000+), Platinum (400,000+) and Double Platinum (800,000+).

Do artists get paid for going platinum?

There is no set amount of money made from a platinum records. … Going platinum just means youve sold 1,000,000 units. The amount of money an artist makes is negotiated in their contracts.

Can songs go platinum?

In order to get to that reckoning, the RIAA has created a new formula: 1,500 streams is now the official equivalent of ten single track sales or one album sale. (Gold status is awarded after the equivalent of 500,000 sales; platinum, on 1,000,000 sales.)

Is Platinum better than gold?

Platinum is Stronger and More Durable Though both gold and platinum are strong and durable precious metals, platinum is the stronger and more durable of the two. For example, the prongs holding the center stone of a platinum engagement ring are less likely to break then those of a gold engagement ring.

How long does it take for an album to go platinum?

In the late 1970s, labels latched onto platinum certifications based on mail orders, even when more than 50 percent of albums were returned. For greater accuracy, RIAA introduced the 30-day rule, which requires albums to be on sale for at least 30 days before the record label can seek certification.

How much can an artist make off a single?

Spotify pays whoever holds the rights to a song anywhere from $0.006 to $0.0084 per play. The rights “holder” can then split these earning between the record label, producers, artists, and songwriters, which means splitting pennies between many parties.

Does Taylor Swift have a Diamond album?

Thanks to her latest big win, Swift has become the first solo female musician to earn both a diamond-certified single and album, impressively beating out some women who have been releasing music for much longer than she has.

Does 50 Cent have a Diamond album?

50 Cent’s classic debut album “Get Rich Or Die Tryin” continues to approach diamond status as it officially goes 9x platinum. Get Rich sold 872,000 copies in its first week — remember that this was an era where people actually went out and bought albums. …

Which song earns the most royalties?

The Top 10 highest-earning songs are as follows: ‘ Happy Birthday To You’, Patty Hill and Mildred J. … ‘ White Christmas’, Irving Berlin. ‘ You’ve Lost That Lovin’ Feelin’, The Righteous Brothers. ‘ Yesterday’, The Beatles. ‘ Unchained Melody’, Alex North and Hy Zaret/The Righteous Brothers. ‘ … ‘ … ‘More items…•

Who has a Diamond album?

More Entertainment Stories: Garth Brooks holds the record for most diamond-certified albums, with nine. Others with three or more albums that have reached diamond status include The Beatles, Led Zeppelin, Shania Twain and the Eagles.

How much money can you make from a hit song?

According to Pierre Bradshaw, who worked 6 years at MCA/Universal Music, a band with a hit song can bring in anywhere from $10 thousand to $50 thousand per performance. And the actual members of the band get to keep around 85% to 90% of that. (Their manager usually gets a 10% to 15% cut.)

How much does a producer make on a platinum song?

If an album sells well, this can translate into millions of dollars. For example, a producer receiving five percent on a platinum record (a record that has sold a million copies), with each copy selling at $20, would receive $1 million.

What happens when a song goes platinum?

“Going Gold” is the music industry’s parlance for selling 500,000 copies of an album. … “Going Platinum” means the album has gone to the next step, doubling the sales to 1 million copies.

Who is the richest songwriter?

Paul McCartneyPaul McCartney – $1.2 billion The richest songwriter in the world is Paul McCartney with a net worth of $1.2 billion. Paul was initially a member of The Beatles before transitioning into a solo career that was as much successful as the band.

Who has a platinum record?

Michael Jackson leads the way with the biggest success of his career (of anyone’s career, actually), Thriller, which is millions ahead of any other title. The RIAA has certified the title 33-times platinum for equivalent sales of at least 33 million copies, making it the only collection to go three-times diamond.

Does Drake have a diamond record?

Drake’s single “God’s Plan” has just become his first-ever diamond-certified song in the U.S., meaning it has officially moved at least 10 million equivalent units. … Drake’s team probably knew it had already gone diamond, but they waited to ask the RIAA to certify it until it had progressed even further.

How much money do you get for a song going platinum?

A platinum single makes between $800 and $500.000. A Platinum single means that a certain number of the track were sold, also the amount the artist makes depends on their contract with the music company. This was the short answer lets now explore the details.