Because he reckons new bands can't make any money from it while the shareholders will. He also quotes that great thinker of our times, Aleksandr Orlov.

http://www.guardian.co.uk/technology/2013/jul/15/thom-yorke-spotify-twitter

Punk as Grint? Radiowho? Old man has a cry? What do you music thieves reckon?

(Music board whatever).