Coldplay keeps new album "Mylo Xyloto" off streaming services

(CBS/AP) Coldplay is refusing to allow all-you-can-listen streaming services such as Spotify and Rhapsody to stream its latest album, "Mylo Xyloto."

Coldplay's recording company, EMI, said in a statement, "We always work with our artists and their management on a case-by- case basis to deliver the best outcome for release."

The decision is a blow to the $10-a-month services, which pay artists only a fraction of a penny per song play. The monthly services depend on new albums to keep listeners interested.

Coldplay is the biggest band yet to express reservations about the streaming services.

Rhapsody CEO Jon Irwin says he respects the band's decision and says he needs to do a better job explaining the benefits of the system to artists.