Radiohead owns the copyright to the song, which (due to compulsory licensing laws) they are required to license to Prince for public performance, usually through ASCAP or BMI. Prince, however, owns the copyright to his performance and is well within his rights to request a DMCA takedown.
The two things (the song itself and the performance of the song) are treated separately. The former is up for grabs for a licensing fee whether the band likes it or not, but the latter is under the performer’s control.
Radiohead owns the copyright to the song, which (due to compulsory licensing laws) they are required to license to Prince for public performance, usually through ASCAP or BMI. Prince, however, owns the copyright to his performance and is well within his rights to request a DMCA takedown.
The two things (the song itself and the performance of the song) are treated separately. The former is up for grabs for a licensing fee whether the band likes it or not, but the latter is under the performer’s control.