More music groups back away...
11/15, 2:10pm
ST Holdings says subscription music bad
Subscription music services faced more of a backlash after UK distributor ST Holdings stated that it would follow Coldplay's path and keep its labels' music out of subscription music services. All of the work its primarily electronic musicians, such as drum-and-bass artists like Blu Mar Ten, Cyantific, Makoto, and Mistabishi, was being pulled from flat-rate subscriptions on Napster, Rdio, Simfy, and Spotify. The company noted that its digital revenue had dropped for the first time ever, by 14 percent, and that much of the blame could be pinned on having its first full quarter supplying those services with music.