Monday, October 31, 2011

Coldplay takes a stand against downloading services



In recent class discussions we have talked about music and technology and the affects downloading music has on record labels and artists. I found an interesting article in the Globe and Mail titled “Coldplay’s new album off-limits for online music streaming services”. Coldplay has always taken a stand against downloading music online services such as Spotify and Rhapsody that pay artists a fraction of a penny every time someone listens to a song. The British band’s newest album “Mylo Xyloto” will be one of the top-selling albums of the year. Downloading services like Rhapsody rely on hot-selling albums available for their subscribers to buy to keep their consumers interested. Artists are paid royalties as low as 0.91cents per play on Rhapsody which is extremely low in comparison to the 70% that artists and recorder labels share of the $1.29 per track when music is bought on Itunes from consumers.

The group who recently presented discussed some of the benefits of purchasing music from Itunes vs. other downloading services, due to its creditability and worldwide reputation. This article verifies Itunes has one of the best deals available for consumers and the artists behind the music.

Do you think more artists should take a stand against downloading services?

For full article:

http://www.theglobeandmail.com/news/technology/tech-news/coldplays-new-album-off-limits-for-online-music-streaming-services/article2216963/ 

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