LOS ANGELES – British band Coldplay is withholding its latest album, "Mylo Xyloto," from all-you-can-listen streaming services such as Spotify and Rhapsody. It's the biggest band yet to express reservations about a system that pays artists a fraction of a penny per song play.
The decision is a blow to the $10-a-month services, which have millions of tracks but rely on new albums to keep listeners interested.
Coldplay's recording company, EMI, said in a statement "We always work with our artists and their management on a case by case basis to deliver the best outcome for each release."
Rhapsody CEO Jon Irwin says he respects the band's decision and says he needs to do a better job explaining the benefits of the system to artists.
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