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Spotify Protests New Tax in France

Discussion in 'Article Discussion' started by Melody Bot, Dec 26, 2023.

  1. Melody Bot Dec 26, 2023
    Melody Bot

    Your friendly little forum bot. Staff Member

    This article has been imported from chorus.fm for discussion. All of the forum rules still apply.

    Paul Sawers, writing for TechCrunch:

    Spotify is pulling support for two music festivals in protest against a controversial new tax directed at music-streaming platforms operating in France, and threatened more action will follow in the coming months.

    Antoine Monin, managing director for Spotify in the France and Benelux regions, took to X this week to decry a new tax that will impose a levy of what is expected to be between 1.5 and 1.75% on all music-streaming services, with the proceeds going toward the Centre National de la Musique (CNM), which was established in 2020 to support the French music sector.

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  2. sowrongitsryan Dec 26, 2023
    sowrongitsryan

    Regular

    Seems like all of the streaming services have been protesting this, per the article. Not decrying the benefits of this gov program, but it’s truly amazing that France can drum up yet another reason to impose a tax in what’s already the most tax-burdened country. And of course the new tax would get passed down to consumers in the end.
     
    falafelmywaffle likes this.