105
Major music companies send letter to Canada’s CRTC, urging it not to regulate streaming as if it were radio
(www.musicbusinessworldwide.com)
this post was submitted on 28 Sep 2024
105 points (100.0% liked)
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Unfortunately, that 5% fee means Spotify prices are going up 10%
Sure. That just means that Canadian consumers of Spotify will be indirectly subsidizing Canadian artists.
If I remember something kn my econ 101 class, they're going up 2.5%, because taxes are not entirely pass to the consumer, they take a part of the company earnings too.
He ce Spotify prives going up 10, to make sure company profits are covered and then some
Sure but then they pay more taxes. Increase in price means more revenue which means more taxes. It’s just a circle.