Whereas Apple, Spotify, Pandora and SoundCloud are used exclusively for audio streaming, YouTube (and YouTube Premium) is extremely popular for streaming music videos, songs, podcasts, and more. Amazingly, YouTube can draw as many as 2 billion monthly users listening to music, watching TV, or going down rabbit holes watching video after video on obscure subjects.
It is a bit more difficult to calculate an average royalty payment for musicians on YouTube, because the platform also offers video and a variety of streaming possibilities. Artists reportedly make a minimum of $0.00069 per stream in Content ID instances. This includes music played on separate creator's videos.