Speaking to Bloomberg’s Business Week, Holmes admitted he was concerned about making new material available via Spotify et al because he believes such services “compete with download stores” which generate more tangible revenues for artists. Some artists and smaller indie labels reckon that having content on Spotify is counter-productive, because the streaming services pay only nominal royalties, while having a presence on such platforms can have a negative impact on iTunes sales, or so said objectors believe. They weren’t the first high profile artist to opt out of the streaming platforms with their new material, though the news that ‘Mylo Xyloto’ wouldn’t be streaming came just as the backlash against the streaming companies, especially in the grass roots music community, was starting to gain momentum. Business News Digital Labels & Publishers Top Stories Coldplay manager admits concerns about streaming platforms By CMU Editorial | Published on Tuesday 10 January 2012Ĭoldplay’s manager Dave Holmes has admitted that the band’s newest album ‘Mylo Xyloto’ was not made available via streaming platforms like Spotify because of concerns that doing so would have a negative impact on download sales via a la carte digital platforms like iTunes.Īs previously reported, it emerged last October that Coldplay’s latest album would not be made available for streaming for either freemium users or paying subscribers of services like Spotify, even though their label EMI has deals in place with such platforms.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |