Friday, October 28, 2011

Coldplay hold off Spotify

Are you looking for Mylittle Pono on Spotify?

You are? Seriously? Really?

Let's pretend you are.

You won't find it there, as Coldplay are keeping it off:

British band Coldplay is withholding its latest album, "Mylo Xyloto," from all-you-can-listen streaming services such as Spotify and Rhapsody — making it the biggest band yet to express reservations about a system that pays artists a fraction of a penny every time someone listens to a song.
The AP's Ryan Nakashima believes this is a blow to Spotify, which almost certainly overstates the value of yet another Coldplay album to people who have subscribed a site with more music than they know what to do with.

It's probably true that Coldplay won't miss the streaming royalties for now; it'd be interesting if the streaming services decided to refuse to allow hold-out albums to come to the service later, and to see if that shifted the balance when deciding if to be on or off at launch.