In a statement, released following comments from Atoms for Peace songwriters and producers Thom Yorke and Nigel Godrich claiming the service is ‘bad for music’, the organisation said it ‘embraces streaming as a technological development’.
The MMF said: ‘Streaming is in its infancy but growing fast and providing meaningful rewards for many. Income from radio, compact discs, downloads even resurgent cassettes grows as the fruits of artists labour are discovered and become more popular. That popularity is a measure of the success of the artist fan relationship which is at the core of the modern music ecosystem.’
‘A new music business is being built that encompasses publishers, labels, technology, financiers, producers etc but that has the artist and fan firmly at the centre. Everyone including artists and fans in the new business needs to adapt to the new world.’
The organisation concluded: ‘Streaming is not a download. Nor is it radio. It is streaming. It’s different and a part of the future.’
Debate over streaming has been ongoing since Nigel Godrich announced on Twitter that Atoms for Peace were removing their album Amok from Spotify.
Thom Yorke’s solo album The Eraser and Nigel’s own Ultraista album have also been taken from the service after the pair both claimed streaming is bad for emerging artists.