Eminem is now only the second rapper, after Drake, who has crossed 50 billion streams on Spotify. Only six other artists accomplished this task, with Drake leading the pack at 101 billion all-time streams, followed by Taylor Swift at 88 billion, Bad Bunny at 83 billion, The Weeknd at 67 billion, and finally Ed Sheeran and Justin Bieber at 54 billion.
This success was largely driven by the release of Eminem's latest album, The Death of Slim Shady. That made its debut at the top of the Billboard 200 last month, with 281,000 equivalent album units, along with the second-biggest digital launch in 2023 with 114,000 sales equivalent units. This would be the most significant rap opening of 2024. A little way back from this type of performance was Future and Metro Boomin's We Don't Trust You, which sold 251,000 units in its first week.
With that being said, 50 billion streams is equivalent to between $150 million and $250 million on the platform alone. This just goes to show how much of a cash king streaming has become over the course of the past decade. Now you can even own a piece of Eminem's music through Royalty Exchange.
Investing in Eminem’s Music Royalties
Royalty Exchange is known as the leading platform for investors interested in earning from music royalties. In May 2024, Eminem’s "Hustlers & Hardcore" sound recording royalties was sold for $56,000, or 4.38 times its value in the last 12 months (LTM).
The catalog has earned $16,144 since 2021, and has a dollage age of 25.03 years. A higher Dollar Age is typically indicative of more stable earnings, as older songs tend to have more predictable royalty streams and could suggest that the substantial growth in earnings could potentially stabilize in the future.
The catalog earned $13,399 in 2023, up from only $178.82 in 2021. That’s a 74 times growth in just two years.
Much of the earnings come from streaming activities from international sources with $8,786 in the last 12 months.
Spotify is the top music source among users in terms of earnings with $12,663 in the last 12 months. It has more than 13 million streams on the platform.
With Eminem now back in the top spot, it’s clear that music royalties investors will be earning more from the heavy streaming that his past tracks are generating on Spotify and other platforms.
New to Music Royalties Investing?
If you’re a fan of Eminem or other rap artists, you too can start earning from music royalties. We’ve prepared this guide on Royalty Investing Made Easy to help you out.
At Royalty Exchange, you can choose from thousands of the most popular songs to invest in. We offer hundreds of catalogs that are up for auction today, so sign up as an investor to get started.
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