This weekend, Radiohead frontman Thom Yorke and producer Nigel Godrich, collaborators in the band Atoms For Peace, made waves by pulling their material from streaming music service Spotify. Thom and Nigel explained that, in their view, Spotify’s business model doesn’t make sense for new artists. Godrich called the act a “small meaningless rebellion,” tweeting that, “small labels and new artists can’t even keep their lights on.
Are we willing to pay for creativity anymore? Musical hero Thom Yorke of Radiohead fame isn’t so sure. Yorke is boycotting the super music streaming service Spotify with his latest album “Amok.” Says Spotify doesn’t pay new young musicians enough to survive on. Fractions of a penny per digital listen. Pauper wages.
Streaming music services such as Pandora and Spotify promise a seemingly limitless song selection for listeners and actual royalties for artists. But amid growing complaints from artists that the Internet music services are hardly ideal for their bottom line, Radiohead frontman Thom Yorke has become the best-known artist to pull his music from Spotify. read more
Add Radiohead’s Thom Yorke to the list of high profile musicians protesting the amount of pay artists get from Spotify. Yorke pulled two albums from Spotify, Tweeting that he was quote “standing up for our fellow musicians.”
The growing popularity of music subscription services has sparked a debate about compensation and the worth of exposure. Casey Rae, deputy director at the Future of Music Coalition , an advocacy group for artists in the digital age, joins Marketplace Tech host Ben Johnson to discuss.