Century pull out of Spotify

Metal label Century Media have confirmed that they are pulling all of their music off the Spotify streaming music platform saying that that Spotify's current business model was not the "way forward", and that the low royalties paid were not sufficient to compensate for the negative impact that the streaming platform has on more record sales. Having your content on Spotify, the label concluded, "accelerates the downward spiral". Spotify responded saying "We are sorry that Century Media has opted not to offer its music to their fans through Spotify. Spotify was launched out of a desire to develop a better, more convenient and legal alternative to music piracy. And Spotify now monetises an audience the large majority of whom were downloading illegally (and therefore not making any money for the industry) before Spotify was available".