Atoms for Peace: 'The Big Labels Did Secret Deals With Spotify'

artist: Atoms For Peace date: 07/16/2013 category: general music news
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Atoms for Peace: 'The Big Labels Did Secret Deals With Spotify'
Radiohead producer Nigel Godrich has expanded on his anti-Spotify rant yesterday which saw him and Thom Yorke remove their Atoms for Peace album "Amok" from streaming platforms in protest. Yesterday they warned that streaming was bad for new artists, but they faced a backlash from some quarters who say that streaming remains the only serious option after the piracy era. "I'm not bitching about not getting paid. It's about standing up for other artists rights," said Godrich in response to his critics (via NME). He continued: "the way that spotify works is that the money is divided up by percentage of total streams. big labels have massive back catalogues so their 40 year old record by a dead artist earns them the same slice of the pie as a brand new track by a new artist. "The big labels did secret deals with Spotify and the like in return for favourable royalty rates. The massive amount of catalogue being streamed guarantees that they get the big massive slice of the pie (that $500 million) and the smaller producers and labels get pittance for their comparatively few streams. This is whats wrong." Spotify have responded to the protest, where Yorke and Godrich also removed other albums from their back catalogue, with this statement: "Spotify's goal is to grow a service which people love, ultimately want to pay for, and which will provide the financial support to the music industry necessary to invest in new talent and music. We want to help artists connect with their fans, find new audiences, grow their fan base and make a living from the music we all love."
More Atoms For Peace news:
+ Nigel Godrich Says Atoms for Peace Initially 'Generated a Lot of Crap' General Music News 08/16/2013
+ Atoms for Peace Quit Spotify in Protest Industry News 07/15/2013
+ Atoms for Peace Post Studio Rehearsal Footage General Music News 06/04/2013
+ Thom Yorke: 'Who the F--k is Bruno Mars?' General Music News 04/24/2013
+ Thom Yorke's Atoms For Peace Full Album Stream Upcoming Releases 02/19/2013
+ Thom Yorke's Atoms For Peace Unveil Studio Version Of 'Judge Jury And Executioner' Online Downloads 01/09/2013
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