Napalm Records are the latest label to withdraw their catalogue from Spotify (and similar streaming sites), following Metal Blade, Century Media and Prosthetic Records all pulling out of the service over the past month.
While offering an invaluable service for the consumer, complaints from the record industry about its lack of financial incentive have recently come to the surface.
Napalm Records highlight the problem. “The income generated through streaming is so insignificant that neither we, as a record company, nor our artists are able to further support this method of distribution. We have absolutely nothing against innovative software or new methods of distribution, but do object to price models that endanger our existence and that of our bands.”
