More than 200 British labels have, on the advice of the distributor, their music collections streaming audio services Spotify, Simfy, Rdio and Napster removed. The labels would be too little to earn money on the streaming services.
A total of 234 record labels, specialising in grime, bass, dubstep and techno to create their collections no longer available through Spotify, Simfy, Rdio and Napster. Their distributor, ST Holdings, asked them whether they have the music, and even longer via the streaming services wanted to offer; only four wanted to this yet.
The step follows research from NPD, which shows that such services are access to music makes it easier for consumers, but then are less inclined to numbers also buy. Spotify and similar services take away the urge to have music on cd or via downloadwinkels as iTunes to buy, finds DigitalMusicNews on the basis of the research.
ST Holding would temporarily Facebook pages of bands have clarified that the revenue from digital distribution has decreased by 14 percent in the third quarter; the first quarter that all collections using all the services offered. The streaming services accounted for 82 percent of all the consumed music, but names only 2.6 percent of the turnover for their account, while the sales from iTunes, with a 24 percent decreased in the quarter. The distributor quote a statement of one of his tags on his site: “Let’s keep the music special, fuck Spotify.”
There have been complaints from the music industry about the revenue that the provision of tracks through streaming services generates. At the same time, the popularity of particular Spotify rap. This week was the service in Belgium.
Update: Spotify regrets the departure of the labels and to speak against that artists no substantial revenue to be able to generate with the service. “This can be and this happens even though, with the revenues to rise as Spotify grows,” says the department in a statement. Spotify points out that they have to pay to inningsorganisaties, that the funds continue to provide to publishers, labels and artists. Also retrieves the service, a WIDE study which would prove that Spotify what digital music is now the second-largest source of revenue is in Europe.