RouteNote Exits Last.fm Citing Low Royalties
Digital music distributor RoutNote is pulling it's clients tracks from music site Last.fm because it says royalty payments have been too low.
"The majority of our artists love to sell their music on the worlds largest stores like iTunes and Amazon, which make up the majority of their revenues," RouteNote wrote its users in a post titled GOODBYE LAST.FM. "Sometimes we have other services that just dont seem to generate the revenues expected... (Last.fm's) results in terms of revenues hasn't been what we expected." Artists can still join Last.fm and receive royalties directly from the service.