How Musicians Are Making Money in 2025 | Cheat Codes Story

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.8 • 2.1K Ratings

🗓️ 28 December 2024

⏱️ 80 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of The Wealthy Way, we have a conversation with Cheat Codes, the Los Angeles-based electronic music trio that has taken the world by storm. With over 5 billion streams to their name, Trevor Dahl, Matthew Russell, and KEVI have seen both incredible highs and challenging lows in their journey to success.We dive deep into the moments that defined their career—from their breakthrough to the struggles they’ve faced along the way. They open up about what it takes to stay relevant in...

Transcript

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0:00.0	That's the thing with the ditty stuff. It's just like, wow, how many people were involved in this?
0:04.1	Yeah, it's weird. The whole ditty thing happens and you think like L.A. would chill on the sex parties and they just keep going.
0:09.6	No, think about the Drake and Kendrick beef, right? So to say Kendrick has a song, not like us, and they're like, oh, we really need Kendrick to win the beef.
0:16.6	How valuable is that for you as label label to say Kendrick won this beef? And Drake is part of Universal too.
0:22.6	So they can pit their own artists against each other. Isn't that interesting?
0:25.6	You guys went independent four or five years ago. I mean, obviously the creative freedom is better, but like has it paid off?
0:30.6	Financially, yeah, for sure.
0:31.6	What does you make from streaming?
0:33.6	3,500?
0:34.6	Yeah, 3,500 per million streams usually, just from streaming. 3500 per million streams usually just from Spotify.
0:37.9	We were doing the math.
0:38.6	You guys have gotten over $5 billion just on Spotify alone.
0:41.7	The stream numbers have made you guys, you know, tens of millions, at least just in streams.
0:47.6	What's up, well, Bitterstay?
0:48.7	We got a different episode.
0:50.1	I have got a group that has gotten over 5 billion streams just on Spotify alone.
0:55.7	They've been in the industry now for over a decade making number one hits after number one hits.
1:00.5	I've got cheat codes.
1:01.4	What's up, guys?
1:02.1	What's up, dude?
1:02.9	Thanks for having us.
1:03.8	Yeah.
	...

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