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Placebo enter Spotify debate: 'It's not good for new artists'

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Placebo frontman Brian Molko has said that he remains to be convinced by the value of Spotify.

The singer told Digital Spy that he agreed with Radiohead's Thom Yorke and producer Nigel Godrich that the streaming service is not great for new bands.

Placebo: Brian Molko, Stefan Olsdal, Steve Forrest

Placebo



"For me it doesn't make any sense to stop whatever singles we may release from going on Spotify," Molko said.

"They'll be on the radio and people can Audio-Hijack them and put them up on the internet or whatever.

"But maybe because we were releasing records before filesharing even existed, I remain to be convinced by Spotify evangelists - and streaming evangelists - that it's actually a beneficial thing for a band."

He continued: "I think Thom Yorke and Nigel Godrich were correct - this kind of steaming can benefit a band with a really, really big back catalogue perhaps.

Thom York of Radiohead performing live on stage during the Optimus Alive Festival in Lisbon

© PA Images / Armando Franca/AP

Radiohead's Thom Yorke



> Spotify defends business model following Thom Yorke criticism

"But for new bands I don't think it's particularly beneficial at all, considering the negligible amount of money they get for every stream."

Molko added: "It's important to stress as well that we mustn't be naïve about the reasons why companies like Spotify exist.

"They don't exist to battle piracy. They exist to generate wealth for them and their shareholders. Their motivations are not altruistic in any way whatsoever."

The singer added that there were "very, very different opinions" in the band's own camp about whether their upcoming sixth studio album Loud Like Love should be put on Spotify, adding that "a decision still hasn't been made".



Guitarist Stefan Olsdal said: "These kind of streaming services were set up to counteract the blatant free downloading. That's how it started off.

"As a concept it's sort of half-way there, but it still hasn't got to the point where the artist is sufficiently rewarded. The profits scheme set up in these streaming services isn't justified."

Drummer Steve Forrest agreed: "Absolutely. It's like they've dressed up a monkey really bad but it's still a monkey.

"It's basically doing the exact same thing, they've just put a little bit of lipstick and rouge on it and said, 'We're giving them money, it's okay'. But I agree with Stef, it's not quite there yet."

Brian Molko of Placebo performing at the Liverpool Olympia. Liverpool, England- 26.04.12
Mandatory Credit: Sakura/WENN.com

© WENN / Sakura

Placebo in concert



He added: "I think it could be. I think eventually we'll get up to that. But also people are beginning to buy more physical. Vinyl sales are going up. It might come around in circles where it's lame to stream.

"With a lot of my mates now it's very looked down upon to say 'Yeah, I downloaded this record illegally'. It's become more uncool to do these sort of things. And hopefully they'll get there in the end."

Olsdal added: "Holding the album actually adds value - the fact that you actually own it. Things you get for free, things that you don't have to give anything for, you don't value as much."

Loud Like Love is available from September 16 and is available for pre-order now. Single 'Too Many Friends' is available for download now.

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