Warner Music have decided that they’re going to stop licensing their artists’ music on the free streaming sites that seem to be popular nowadays, claiming that they are not ‘net positive’ for the music industry. We all know what that means don’t we? It means that music industry bigwigs can’t line their pockets with profit creamed off artist creativity anymore.
The move means that fans of Muse, REM and Red Hot Chili Peppers won’t be able to listen to their music through websites like Spotify, WE7 and Last.FM, which if anything would be a positive thing. Down with rock dinosaurs repeating themselves badly, and all that. In any case the old model is going to fail soon enough, and then what will Warner Music do then, hmm?
‘Free streaming services are clearly not net positive for the industry and as far as Warner Music is concerned will not be licensed,’ said Edgar Bronfman Jr, the label’s chief executive. ‘The ‘get all your music you want for free, and then maybe with a few bells and whistles we can move you to a premium price strategy’, is not the kind of approach to business that we will be supporting in the future.’