Surge in French Music-Streaming Tax Spurs Spotify’s Decision to Raise Subscription Prices
Spotify has revealed plans to increase subscription fees in France, in response to a new tax directed at music-streaming services operating in the country.
While all the impacted companies are opposing the new law, Spotify has been the most vociferous, largely due to the fact it is the biggest player in the country.
The company wrote in a blog post today:“With the creation of this new tax, Spotify would be required to give approximately two-thirds of every euro it generates to music to rights holders and the French government.
What’s perhaps the most telling part of this whole episode is how important France is to Spotify in terms of market traction.
With regards to France, Spotify is conveying as much — if not more — grievance with the new tax as it did with Uruguay, yet it has given no indication that it will exit the country.
