Radiohead frontman Thom Yorke has pulled his 2006 solo effort, "The Eraser," and Atoms for Peace album, "Amok," from Spotify, claiming that the music-streaming service inadequately compensates artists, Entertainment Weekly reported Monday.
The 44-year-old British musician explained his actions in a series of tweets:
Make no mistake new artists you discover on #Spotify will no get paid. meanwhile shareholders will shortly being rolling in it. Simples.— Thom Yorke (@thomyorke) July 14, 2013
“your small meaningless rebellion is only hurting your fans ... a drop in the bucket really” No we're standing up for our fellow musicians— Thom Yorke (@thomyorke) July 14, 2013
for me In Rainbows was a statement of trust .people still value new music ..that's all we'd like from Spotify. don't make us the target.— Thom Yorke (@thomyorke) July 15, 2013
"Someone gotta say something. It's bad for new music," Godrich tweeted.
Someone gotta say something. It's bad for new music..— nigel godrich (@nigelgod) July 14, 2013
"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," the company said in a statement defending its pricing plans. "We're 100 percent committed to making Spotify the most artist-friendly music service possible, and are constantly talking to artists and managers about how Spotify can help build their careers."
It pointed to a new plan that the company hopes will have a "positive effect" on new artists and their music.
Right now we're still in the early stages of a long-term project that's already having a hugely positive effect on artists and new music. We've already paid $500M to rightsholders so far, and by the end of 2013 this number will reach US$1bn. Much of this money is being invested in nurturing new talent and producing great new music.