The star’s global smash Thinking Out Loud, co-written with Bucks Music-signed Amy Wadge, has become the first track in history to rack up 500m streams on Spotify. According to Spotify’s own publicly-stated per-stream rate of $0.007 – the approximate amount it pays out to music business rightsholders – that means it’s generated $3.5m for Sheeran and the music industry, including the star’s label at Atlantic/Warner and his publisher Sony/ATV.
Source: Ed Sheeran has generated over $20m on Spotify – Music Business Worldwide