Summary Box: Coldplay keeps album off streaming

Published October 28, 2011 by
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WITHHOLDING: British band Coldplay is keeping 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.

BLOW TO SUBSCRIPTION SERVICES: They have millions of tracks available, but rely on new tunes to keep listeners interested.

PROS AND CONS: Rhapsody president Jon Irwin agrees that some reported royalties paid to artists seem small. But he points out that royalties from subscription music plans are recurring, not one-time as is the case with iTunes sales.

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