RADIOHEAD front man Thom Yorke yesterday removed some of his music from digital streaming service Spotify, in a protest at payment levels for new artists.
The singer published his thoughts on Twitter, saying: “Make no mistake new artists you discover on Spotify will no[t] get paid. Meanwhile shareholders will shortly being rolling in it. Simples.”
Yorke’s solo album The Eraser and material released with Atoms for Peace, a band created with producer Nigel Godrich and Red Hot Chilli Peppers bass player Flea, is no longer available on Spotify or rival Rdio.
Spotify said: “[Our] goal is to grow a service which people love, ultimately want to pay for, and which will provide financial support to the music industry necessary to invest in new talent and music.”
The firm has paid $500m (£332m) to rightsholders and expects the figure to rise to $1bn by the end of the year, much of which it says is being invested into new music development.