How Much Money Did The Song Despacito Make?

How Much Money Did The Song Despacito Make
The song “Despacito” by Luis Fonsi and Daddy Yankee has slowly but surely climbed to the top of music charts throughout the world, as well as the hearts of many, many listeners. After only a few short months since its release at the beginning of this year, the reggaeton pop song surpassed all others to become the most streamed song in history in the month of July.

This accomplishment can be attributed, in part, to the song’s clever composition as well as a successful promotional strategy. It has been at the top of the Billboard Hot 100 charts for a total of sixteen weeks, putting it in contention for a record that had been held only by a song by Mariah Carey from 1996.

It now holds the record for the most views of any music video uploaded to YouTube. Spotify said today that the song has been given the title of “this summer’s indisputable anthem.” It does not appear that its dominance will be overthrown in the near future at all.

Do I have this right that Fonsi and Daddy Yankee are now among the wealthiest musicians of all time? When we take a closer look at the data, the answer is “not really.” We don’t know the exact monetary agreement that Universal struck with each and every service for the song; however, we can take some educated guesses.

According to Fonsi’s record label, Universal Music, “Despacito” has been played 4.6 billion times across streaming platforms such as Spotify, Apple Music, and YouTube. Most music royalty negotiations are not made public, and they depend on factors such as an artist’s popularity and prior work.

Bear in mind that 2.7 billion of the song’s streams were from YouTube, a completely free-to-access and ad-supported website that has been criticized at length by the music industry for being too stingy with its royalties, which are all cut from ad revenue. Keep in mind that the music industry has criticized YouTube for being too stingy with its royalties.

The most recent estimates put its royalty fees at around $0.0007 per play for each stream. That means that Fonsi and company made at best a pitiful $3.2 million from YouTube. Keep in mind that he also has to divide the revenues with his composers Erika Ender, Daddy Yankee, and Justin Bieber, the latter of whom featured on a popular remix version of the song.

What about streaming services, which have been hailed as the industry’s saviors? On Spotify, the compensation to rights holders (such as songwriters) for each “per-stream” goes anywhere from $0.006 to $0.0084 on average. If we use the highest possible estimate, this indicates that “Despacito” would have generated $38.6 million if it had been streamed 4.6 billion times on Spotify alone.

(The amount would be considerably greater if it had hit that number of streams on Apple Music, Amazon Music, Deezer, Tidal, or any other subscription-only music service. This is due to the fact that Spotify’s ad-supported free tier reduces artists’ revenues.) In reality, it was only streamed 1.9 billion times across various networks, which means that it made something in the neighborhood of $15 million.

  1. When the reimbursement from YouTube of $3.2 million is included in, the total money earned through streaming comes to $18.2 million, which is significantly less than $38.6 million.
  2. And yet, all of this is a drop in the bucket compared to how much “Despacito” would have generated if it had not been streamed at all and had instead been sold only as physical copies or digital downloads: For instance, the composers receive around $0.20 from the sale of each song that is purchased on iTunes for $1.29; hence, it would have only required 193 million “listens” for the song to reach $38.6 million using this method, as opposed to 4.6 billion.

However, the paradox of streaming is that if YouTube’s free service had not exist, then possibly people would not have listened to the music at all on premium streaming sites. This is because paid streaming services require users to pay a subscription fee.

Picture yourself enthusiastically informing your pals about a great musical find but at the same time including the following alluring disclaimer: “Listen to this song, won’t you? It will only cost you one dollar and ninety-nine cents to complete! “) According to Moneyish, YouTube today has three times the amount of users as Spotify, Pandora, and SoundCloud combined.

Its powerful leverage cannot be disregarded, and musicians who are unhappy with YouTube’s compensation rates still have no other option but to accept them.

When did Despacito hit 7 billion?

Introducing the Billion-View Club! The so-called “Billion-View Club” was an early indicator of a video’s popularity. This club was reserved for videos that had successfully accumulated more than one billion views after their first post. “Gangnam Style” was the first music video to exceed one billion views when it was released in December of 2012.

  • By the end of July 2018, the video “November Rain” by Guns N’ Roses was the first video that had been produced before the launch of YouTube to cross this level.
  • In November of 2018, the video for “Numb” by Linkin Park became the first music video from the 2000s to have one billion views on YouTube.
  • In July of 2019, ” Bohemian Rhapsody ” by Queen was the first music video from the 1970s (and any video from before the 1990s) to exceed 1 billion views.
  • In October 2019, the video for ” Sweet Child o’ Mine ” by Guns N’ Roses become the first music video from the 1980s to exceed 1 billion views.

As a result of the abundance of videos that are expected to easily surpass one billion views by 2018, the focus has shifted to two and three billion views as well as higher metrics. “Gangnam Style” broke the record for most views on a video in May of 2014, when it surpassed two billion.

  1. The video for “Despacito” was the first to exceed three billion views in August 2017, four billion views in October 2017, five billion views in April 2018, six billion views in February 2019, and seven billion views in October 2020.
  2. In February 2021, ” Baby Shark Dance ” became the first video to achieve eight billion views.
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In July 2021, it became the first video to reach nine billion views, and in January 2022, it became the first video to reach 10 billion views. As of November 2020, there are sixteen videos that have had more than three billion views, seven videos that have received more than four billion views, three videos that have received more than five billion views, and two videos that have received more than six and seven billion views.

  1. In August of 2017, “See You Again” became the second video ever to exceed three billion views, with “Gangnam Style” becoming the first to do so in November of the same year.
  2. After “See You Again” in February 2019, “Shape of You” became the second video of 2019 to exceed four billion views.
  3. Shape of You” was released in January 2019.

In April of 2020, “Baby Shark Dance” became the second video ever to exceed five billion views, and “Shape of You” reached that milestone in October of the same year. In July of the year 2020, “Baby Shark Dance” became the second video ever to exceed six billion views, and in October of same year, it reached seven billion views.

  1. However, the list has featured some outliers, which are often shows that are oriented towards children.
  2. The vast majority of the videos that have been included in the Billion-View Club have been commercial music videos released by well-known musicians.
  3. These movies comprise two episodes of the Russian animated sitcom Masha and the Bear, a rendition of “The Wheels on the Bus” created by the British animation company Little Baby Bum, and a version of “Johny Johny Yes Papa” broadcast on the children’s channels LooLoo Kids and ChuChu TV.

The song “Baby Shark” has been covered in so many different ways that it has gathered more than five billion views across all of its iterations as of January 2019, with Pinkfong’s original version already having amassed more than two billion views. The original video uploaded by Pinkfong is now the one that has received the most views on the site.

Baby Shark exceeded 7 billion views on YouTube on October 29, 2020, and on November 2, 2020, it overtook Despacito to become the video with the most views on YouTube overall. Baby Shark was the first and only video to reach 8 billion views, which it did on February 23, 2021, becoming the first video overall to accomplish so.

On July 20, 2021, Baby Shark became the first video ever to reach 9 billion views, and it is still the only video to have done so at this day. Baby Shark broke the 10-billion-view barrier on January 13, 2022, becoming the first and, as of right now, only video ever to do so.

Did Despacito get #1 on Billboard?

Luis Fonsi Reflects on the ‘Beautiful Surprise’ of ‘Despacito’s’ Ascendance to the Top of the Billboard Hot 100 Chart.

Who broke Despacito record?

Despacito by Luis Fonsi has broken the record for most views on YouTube with 7 billion.

How much money does Luis Fonsi have?

A Look at the Wealth of Luis Fonsi

Name Luis Alfonso Rodriguez Lopez-Cepero
Net Worth (2022) $25 Million
Profession Singer-songwriter
Monthly Income And Salary $1,00,000 +
Yearly Income And Salary $2 Million +

How much does 1 billion YouTube views make?

If you make a purchase after clicking on one of our links and then making that purchase, we may receive a commission. The question is, how much money is the equivalent of one billion views on YouTube? To begin, it is essential to emphasize the fact that views do not automatically translate into financial gain on their own.

  1. In point of fact, you won’t make a dime for simply providing an opinion.
  2. Monetizing their films through the placement of advertisements is the major source of revenue for content providers on YouTube.
  3. Eeping this in mind, there are really a number of considerations to make before arriving at an accurate estimate of how much money the artist stands to gain from a video having 1 billion views on YouTube.

However, on average, a creator who is part of the YouTube Partner Program may anticipate earning anywhere from $0.24 to $4 per thousand views on their videos. This is according to the terms of the program. If a video on YouTube has one billion views, the content producer might theoretically get anywhere from $240,000 to $5 million from that video.

What is the most viewed song on YouTube 2022?

After overtaking the previous record holder, ‘Despacito,’ as the video with the most views ever on YouTube in the previous year, Baby Shark Dance eventually surpassed 10 billion views in January of 2022, making it the first video ever to do so.

What is the longest running number one song in Billboard Hot 100 history?

Old Town Road now holds the record for the greatest length of time spent at number one, having spent 19 consecutive weeks in that position.

Why is Despacito so famous?

“Despacito”
Single by Luis Fonsi featuring Daddy Yankee
from the album Vida
Language Spanish
Released January 12, 2017
Recorded Late 2016
Studio Noisematch (Miami, US)
Genre Reggaeton Latin pop
Length 3 : 47
Label Universal Latin
Songwriter(s) Luis Fonsi Erika Ender Daddy Yankee
Producer(s) Mauricio Rengifo Andrés Torres
Luis Fonsi singles chronology

table>

“Tentación” (2015) ” Despacito ” (2017) “Wave Your Flag” (2017)

Daddy Yankee singles chronology

” La Rompe Corazones ” (2017) ” Despacito ” (2017) ” Despacito (remix) ” (2017)

table> Music video “Despacito” on YouTube

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We beg you, in all modesty, to refrain from scrolling away from this page. If you are one of our very few donors, please accept our sincere gratitude. ” Despacito,” which translates to “Slowly” in American Spanish, is the lead single from Puerto Rican artist Luis Fonsi’s 2019 studio album Vida.

  1. The song features Puerto Rican rapper and singer Daddy Yankee.
  2. This song was written by Fonsi, Erika Ender, and Daddy Yankee.
  3. Mauricio Rengifo and Andrés Torres were responsible for the production of the song before it was released on January 12, 2017.
  4. On April 17, 2017, a remix version of the song featuring Canadian singer Justin Bieber was made available for download.

This version contributed to the song’s improved chart success in multiple countries, including several positions at the top of the charts. Music critics and industry insiders agree that the song “Despacito” was a significant factor in reviving public interest in Spanish-language pop music.

It is a song that combines reggaeton and Latin pop, and it was written in common time. The words are about seeking a sexual connection, and the performance is smooth and beautiful. The song “Despacito” was met with largely positive reviews from music reviewers, who complimented its catchiness, its blend of Latin and urban rhythms, and its text painting.

At the 18th Latin Grammy Awards, it was awarded for Record of the Year, Song of the Year, Best Urban Fusion/Performance, and Best Short Form Music Video. It was also nominated for Best Urban Fusion/Performance. The song “Despacito” has been called one of the most successful Spanish-language tunes in the history of pop music.

  1. As a result, it has been placed among the top Latin songs of all time as well as the best songs of 2017.
  2. These rankings were given by a variety of publications.
  3. The song debuted at number one on the charts in 47 countries and made it into the top 10 in another six.
  4. It was the first song primarily in Spanish to top the Billboard Hot 100 in the United States since Los del Rio’s “Macarena” in 1996.

As a result, it tied for the record for the longest-reigning number one on the Billboard Hot 100 at the time with 16 weeks, and it also became the longest-running number-one on the Hot Latin Songs chart with 56 weeks. In addition, it became the longest-running number-one on the Hot Latin Songs chart.

Additionally, the Recording Industry Association of America awarded it with its highest possible diamond certification, making it the first Latin song ever to do so. Both performers are shown playing the song in the music video, which was shot in the La Perla district of Old San Juan, Puerto Rico, as well as the local bar La Factora.

Between the months of August 2017 and November 2020, it held the title of the video with the most views in the history of YouTube. Additionally, it was the first video to ever reach the site’s three, four, five, six, and seven billion view milestones.

How long was Despacito on the Billboard Hot 100?

Despacito, which features Luis Fonsi, Daddy Yankee, and Justin Bieber, has the joint record for the longest run at number one in the history of the Hot 100. The 16 weeks that the Latin phenomenon spent at No.

What’s the most watched video on YouTube?

Baby Shark Dance – Pinkfong Kids’ Songs & Stories is now the video with the most views on YouTube (simply called Baby Shark). More than seven billion viewers from all across the world have viewed it. It is a children’s song about a family of sharks that is thought to have started from a song or chant that was performed over a campfire.

How many records Despacito sold?

NEW YORK, NY – JANUARY 28: Recording artists Luis Fonsi and Daddy Yankee perform onstage at Madison Square Garden in New York City on January 28, 2018, at the 60th Annual GRAMMY Awards. The ceremony took place on January 28, 2018. (Image courtesy of Getty Images and Lester Cohen for NARAS) Images provided by Getty for NARAS After its release in 2017, “Despacito” by Luis Fonsi and Daddy Yankee immediately became one of the most successful singles in the history of the Billboard Hot 100 chart and the video for the song became the most watched video in the history of YouTube.

  1. Now, “Despacito” makes history once more by becoming the song with the highest certification in the annals of RIAA certification.
  2. The song “Despacito” has been awarded 13 platinum certifications, which indicates that its sales and streaming in the United States have exceeded 13 million units.
  3. Despacito” has now been certified as having sold more than 12 times as many copies as “Thinking Out Loud” by Ed Sheeran, “Love the Way You Lie” by Eminem, and “Baby” by Justin Bieber.

All three of these songs are already recognized as being 12 times platinum. “Despacito” was able to maintain its position atop the Billboard Hot 100 for a total of sixteen weeks in 2017, tying it with “One Sweet Day” by Mariah Carey and Boyz II Men for the record of the song with the longest run at No.1.

Old Town Road” by Lil Nas X has since been able to break this record. After the release of a remix that featured Justin Bieber, “Despacito” had a significant rise in both its chart position and the number of streams it got. Since Los del Rio’s “Macarena (Bayside Boys remix)” in 1996, it was the first song primarily performed in Spanish to reach number one on the Billboard Hot 100 chart.

The music video for “Despacito” has amassed a total of 6.59 billion views on YouTube. This puts it more than 2 billion views ahead of the video for “Shape of You” by Ed Sheeran, which is now in second place (4.56 billion). The music video does not feature Justin Bieber, and the RIAA certification is exclusively given to Fonsi and Daddy Yankee as the artists responsible for the song.

What song has made the most money?

The song “White Christmas” (1942) written by Irving Berlin and sung by Bing Crosby is the best-selling single in the world, according to the Guinness World Records book. It is believed that over 50 million copies of the song have been sold.

What is the net worth of Justin Bieber?

As of June 2022, it is projected that Justin Bieber’s net worth is somewhere in the neighborhood of $285 million. Justin Bieber’s net worth. Justin Bieber is a musician and songwriter who hails from Canada and shot to prominence when he was still a teenager.

After posting videos on YouTube of himself as a child singing cover versions of various songs, Bieber was seen by a talent management and signed as a singer. Scooter Braun, who is now Justin Bieber’s manager, and Usher stumbled onto Bieber’s YouTube covers after they became massively popular with teenagers on the Internet.

This led to the birth of a new generation of fans who call themselves Beliebers. Between 2010 and 2011, his debut tour, titled “My World,” brought in a total of $53.3 million. Because he has so much money, you won’t always see Justin Bieber in those annoying airplane advertisements.

  • Regardless of whether you chose to go see Justin Bieber in 2011 or 2013 at the theater or stayed at home to watch the hordes of teens take over, each project brought in a good sum for the artist.
  • According to WWD, his endorsement arrangement with Calvin Klein in 2016 resulted in improved sales for the company as well as a larger following on social media.

But even before then, Bieber had already built up an impressive portfolio of endorsements. Even though it would appear that he does not possess a private aircraft, he is routinely observed departing the area on chartered flights, which may range in price from $1,800 to $9,000 per hour.

Bieber is an avid enthusiast of luxury autos. According to TMZ, he was seen driving around Los Angeles in a white Mercedes G-Class SUV. This information comes from a witness. According to TMZ, in October of 2017, Bieber signed a lease for a property in Beverly Hills, California, that had a monthly rent of $55,000.

His bachelor apartment comes with six bedrooms, five and a half baths, a movie theater, a gym, a home office, a pool and spa, and a fire pit, and it costs him $55,000 each month to rent it out. It spans more than 8,600 square feet.

Is Daddy Yankee a billionaire?

What is Daddy Yankee’s Net Worth? – Daddy Yankee is a Latin hip hop singer who has a net worth of $40 million. Daddy Yankee is known for his hit songs “Mi Gente” and “Baby Got Back.” He is one of the most well-known and prosperous musical artists working in the entertainment business at the present time.

How long did Despacito stay at number 1?

Luis Fonsi & Daddy Yankee feat. Justin Bieber – Despacito (11 weeks) – Despacito was the single that held the number one spot in the UK for the greatest cumulative amount of time, with three separate runs at the top spot. Despacito was the song with a foreign language track that stayed at number one for the greatest amount of time overall, spending a total of 11 weeks there.

Whats the most watched video on YouTube?

Baby Shark Dance – Pinkfong Kids’ Songs & Stories is now the video with the most views on YouTube (simply called Baby Shark). More than seven billion viewers from all across the world have viewed it. It is a children’s song about a family of sharks that is thought to have started from a song or chant that was performed over a campfire.

Is Despacito the most viewed video on YouTube?

The official music video for the song “Baby Shark Dance,” which is only two minutes long and features the song’s signature refrain of “doo, doo, doo, doo, doo, doo,” has surpassed “Despacito,” which was a hit song by Luis Fonsi and featured the rapper Daddy Yankee, as the video with the most views on YouTube.