Thursday, October 27, 2011

Why Coldplay and Adele Aren't Bringing New Albums to Spotify

Why Coldplay and Adele Aren't Bringing New Albums to Spotify:
Fans will either need to purchase physical copies or MP3 downloads from places like Apple’s iTunes store, Microsoft’s Zune store or Amazon.

The reason for the decision isn’t entirely clear. An anonymous industry source told Cnet that Coldplay wants Mylo Xyloto to be heard as “one cohesive work” — which hardly makes any sense, given that the songs are available for individual purchase online.

The decision is more likely financially motivated. As one of the world’s best-selling music artists, Coldplay stands to make a great deal more money by encouraging the tens of millions of consumers who have streaming music subscriptions to purchase the songs.

Recording artists only make about three-tenths of a cent every time one of their songs is streamed, and 20 cents for every song sold on iTunes, according to estimates published in Rolling Stone.

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