Spotify starts to pay says Mills

Martin Mills has told UKTI's Global Business Summit On Creative Content that some Beggars Group artists are now receiving significantly higher revenues from streaming services than from traditional radio, saying “I'm finding that some of our artists, particularly the more catalogue artists, are opening their royalty statements and earning more [from streaming] than from any other source on some individual tracks. [For Beggars] it pays many, many more times than radio play. We're big supporters". Spotify's Ken Parks revealed  that the company now has four million paying subscribers. In other good news for Spotify, Century Music Group said that it was rejoining the streaming service. In 2011 the Group pulled al of its repertoire off Spotify saying "physical sales are dropping drastically in all countries where Spotify is active. Artists are depending on their income from selling music and it is our job to support them to do so. Since the artists need to sell their music to continue their creativity, Spotify is a problem for them. This is about survival, nothing less, and it is time that fans and consumers realize that for artists it is essential to sell music to keep their heads above water." but now says "After the initial decision to pull the Century Media catalog from Spotify, label execs were impressed by the resulting debate, especially the messages and comments by the thousands of fans who weighed in on the issue. Fan sentiment and continued discussions with Spotify have resulted in the label reversing its initial decision."