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Coldplay shuns Spotify; another reason to use Spotify

One of the world's biggest bands is shunning Spotify and other streaming services. Does this spell bad news for streaming music?

Coldplay's new album, Mylo Xyloto, won't be offered up on Spotify, Rdio, Rhapsody, or any other music streaming service, reports CNET.

EMI, the band's label, confirmed the album won't be distributed through any streaming services, but didn't give any reason for the decision. One industry insider reckons the band thinks the album should be heard as a cohesive piece of work, rather than individual tracks. Though Coldplay released a new track a day from the album last week through iTunes.

"We always work with our artists and management on a case by case basis to deliver the best outcome for each release," EMI said in a statement. Industry sources claim the label is embarrassed by the decision, seeing as all four major labels are behind streaming as a way to curb piracy and make fans pay for music.

Tom Waits and Adele have also barred their latest albums from appearing on streaming services. So bad news if you want to take advantage of Spotify's recent Facebook hook-up to share your love of Waits with the world.

"We have strong support from the music industry," Spotify said in a statement. "We of course respect the decision of any artist who chooses not to have their music on Spotify for whatever reason. We do however hope that they will change their minds as we believe that the Spotify model is adding, and will continue to add, huge value to the music industry.

"Right now we have already convinced millions of customers to pay for music again, and that they are generating real revenue for the music business."

It does seem a little arrogant to assume people should fork out for the entire album rather than just the songs they like, but who knows. It's not like Chris Martin and the boys are shy of a few bob, having sold more than 50 million records.

Is streaming the way forward for the music industry, or is Coldplay right to go its own way? Let us know on our Facebook page.