Coldplay keeps 'Mylo Xyloto' off streaming plans


Coldplay is withholding its latest album, "Mylo, Xyloto" released Tuesday from all-you-can-listen streaming services like Rhapsody or Spotify.

Those services charge a flat monthly rate, typically $10, and allow users to listen to an unlimited amount of songs.

Artists are paid a fraction of a penny each time the songs are played. In comparison, artists and recording labels get about 70 percent of the money spent each time a song or album is downloaded on iTunes.

So far, Coldplay is the biggest band yet to express reservations about all-you-can-listen streaming services.

The lack of availability of Coldplay's fifth album on subscription plans could push consumers to buy the album outright.

EMI, Coldplay's recording company, 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 president Jon Irwin said he respects the band's decision and said he needs to do a better job explaining the benefits of the subscription system to artists.

Spotify has said it has more than 2 million paying customers globally, while Rhapsody is the leading service in the U.S. with more than 800,000 subscribers. Other popular subscription services include MOG and Rdio.

Early indications are that "Mylo Xyloto" will be one of the top-selling albums of the year. Its debut single "Every Teardrop Is a Waterfall" has racked up sales of 763,000 so far, according to Nielsen SoundScan.

The Associated Press contributed to this report.

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