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Coldplay's Manager: "I Am Very Concerned. Spotify Competes With Downloads."

Monday, January 09, 2012
by  paul

Coldplay's latest album will eventually make it to Spotify, according to the band's manager.  But not until most of the juice has been squeezed from iTunes, which is probably months from now.  "I am very concerned," manager Dave Holmes told BusinessWeek. "Spotify competes with download stores."          

The comments come right as the album, Mylo Xyloto, crosses platinum in the US.  Of that, nearly 60 percent of the one-million-plus sales have come from paid downloads, according to Nielsen Soundscan.  And, in turn, a big chunk of those downloads came from the iTunes Store.  

Which means Spotify users will be the last to get access, according to a loose windowing timetable offered by Holmes.  "Like all of Coldplay's other titles, the new album will be on [Spotify] eventually," the manager relayed, which also means the same process starts over again when Coldplay releases another album.

All of which seems like a raw deal to Spotify executives, especially since major labels have already been paid tens of millions of dollars (at least) for licensing privileges.  Yet superstar artists have a very influential voice in this discussion, despite the presence of these massive, upfront licensing ransoms.  "If Lady Gaga doesn't want her latest album on Spotify, her label will listen or she may get a creative flu or miss certain promotional appearances," Ted Cohen chimed in.  "A recording artist can be petulant."

 





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    Comments (21)

    Stream Monday, January 09, 2012

    Its not Spotify not getting it, its Grooveshark and Pirate Bay getting it as an exclusive.


    Visitor Monday, January 09, 2012

    And Youtube


    tonymartin834 Wednesday, January 11, 2012

    True, you can already find any song you want on youtube and I don't think coldplay will be able to reverse the trend.

    BTW If you like coldplay, watch this cover of “Viva La Vida” it’s almost better than the original

     

     

     

     


    Visitor Monday, January 09, 2012

    what's the difference?


    bydesign Monday, January 09, 2012

    Holmes also manages Interpol last I checked.  


    brooklyn habitat Monday, January 09, 2012

    Please don't make Spotify like Netflix, please please please.


    What? Monday, January 09, 2012

    You mean if Spotify had 26 million paying subscribers worldwide?

    Coldplay wouldn't be bitching. 

    Neither would anyone really. 


    Hawon Wednesday, January 11, 2012

    Any artists would still complain. Money artists gets from streaming is a joke.


    Wrong Wednesday, January 11, 2012

    You're wrong. 

    Spotify has 2.5 million paid subscribers right now. 

    If it hit 26 million The base per stream rate would be 10 times what it is now, and I'm sure the ad revenue would skyrocket as well pushing it up further. You wouldn't get paid $.99 once, you'd get something closer to, and I'm estimating, $.060 every time the thing was played...and more with volume...that's every single time someone played it for the rest of their lives (for that scale obviously). 

    No one seems to understand how this works, then again, no one wants to....

    It's not made clear and it doesn't make sense in the moment. 

     

     


    Wrong Wednesday, January 11, 2012

    You're wrong. 

    Spotify has 2.5 million paid subscribers right now. 

    If it hit 26 million The base per stream rate would be 10 times what it is now, and I'm sure the ad revenue would skyrocket as well pushing it up further. You wouldn't get paid $.99 once, you'd get something closer to, and I'm estimating, $.060 every time the thing was played...and more with volume...that's every single time someone played it for the rest of their lives (for that scale obviously). 

    No one seems to understand how this works, then again, no one wants to....

    It's not made clear and it doesn't make sense in the moment. 

     

     


    @nanotek666 Monday, January 09, 2012

    Pretty interesting how label execs call their artists "petulant" for not getting behind the service.


    hypebot hater Monday, January 09, 2012

    Ted Cohen hasn't been a label exec for a long, long time... also, does he really have to "chime in" on every goddamn thing like he's the last person with a (some people think) viable opinion in the world?

    Maxwellian Monday, January 09, 2012

    Whatever. He's right. Artists can get really difficult really fast.


    RIght Tuesday, January 10, 2012

    Because Industry executives and employees are such a joy to be around and work with too....

    Come on. 


    Hi. Tuesday, January 10, 2012

    Fuck Spotify.


    JSS Tuesday, January 10, 2012

    The lack of availability on Spotify is of no consequence to me. I wouldn't stream or buy this band. BUT, here's an important notion Coldplay is overlooking, gone is the age of running out and buying a record 'just because.' These days fans drive the train. They've been burned in the past and now they want proof. There are albums on my 'buy' list that aren't on Spotify. I may eventually buy those albums but they are farther down the list than albums I can preview. Just because you're my favorite band doesn't mean everything you touch is gold to me. I'm not a unique consumer.


    Saric Tuesday, January 10, 2012

    I love Spotify but I think that only the first 5 streamings of each song should be for free, after that if you like the song that much buy it!!


    It's like the old days: somebody lawn you the album, cassette or CD and if you like it you bought it, or you keep it but that doesn't count.

    Saric

    www.shyaroundstrangers.com

     


    @tonygrott Tuesday, January 10, 2012

    Wait.. so your saying Coldplay IS going to release on Spotify? Hm... :-)


    MisterSoftee` Tuesday, January 10, 2012

    So if Daniel Ek is really the most powerful man in the music industry as Forbes says, why not just call the manager of Coldplay?


    earbits Tuesday, January 10, 2012

    Hahaha


    @bandwidthmusic Wednesday, January 11, 2012

    Hey Coldplay let us sell the new album!!


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