Here's how much Mariah Carey might have earned for her record-breaking day on Spotify

Mariah Carey 's All I Want for Christmas Is You has cemented itself as a modern Christmas classic. The 1994 single smashed Spotify's single-day record with nearly 11 million streams on December 24. The track broke the record held by the late rapper XXXTentacion , whose track Sad! drew 10,415,088 streams on June 19, the day after he died in a Florida shooting. Prior to that, US pop star T aylor Swift held the record for last year's single Look What You Made Me Do which amassed 10.1 million streams in a single day. Carey’s success underscores the enduring appeal of Christmas-themed singles, which unlike its pop counterparts, is not bound by the creative pursuit to sound current. Instead, if done well, a great Christmas single can usually be a steady earner for the artist and songwriter throughout the decades. Take Bing Crosby 's White Christmas for example; recorded in 1942, it remains the best-selling single of all time with over 50 million copies sold. In Carey's case, ever since All I Want for Christmas Is You 's initial release 14 years ago, the track went on to reportedly sell over 16 million copies and earning up to $60 million dollars in royalties. However, the advent of online streaming in the last few years, and the drying up of physical album sales, has radically altered the profit margin artists make from popular singles. The seven figure streaming numbers of Carey may look impressive, but the money received is paltry in comparison to the good old days of CDs sales. With Spotify’s streaming rates reportedly only going as high as $0.00084 per stream, Carey would have pocketed as much as $92,400 (Dh339,339) for her efforts. And that’s before splitting the earnings; a sizable portion of that money will undoubtedly flow to the track’s co-writer, the Brazilian American composer Walter Afanasieff, not to mention the record company as well. The left-over cash would barely cover the $35,000 monthly rent (Dh128,537) Carey pays for her Mediterranean styled mansion in Beverly Hills. It is no wonder, then, that Carey barely acknowledged this year’s Christmas success and posted only a short emoji-laden tweet in response. Here are other tracks that joins All I Want for Christmas Is You in selling over 15 million copies. ______________________ Read more: Rockin' Christmas: The National's 2018 festive music playlist Rock and sausage roll: blogger dad's novelty song is UK Christmas No 1 Top of the pops: has the battle for Christmas No 1 lost its festive cheer?

Here's how much Mariah Carey might have earned for her record-breaking day on Spotify

The pop star’s tune 'All I Want for Christmas is You' broke Spotify’s single-day record with nearly 11 million streams on December 24