this post was submitted on 22 Dec 2023
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Spotify is saying it's "a real blow to innovation".
Honestly wtf they on about. 1-2% tax on their massive multi million platform, and the tax goes directly to support music in the country.
Fuck Spotify.
Wait, what does "to support music in the country" mean? Spotify already pays the majority of their revenue to record labels. That is funding for the music industry. Aren't French labels a part of this scheme?
Not a Spotify fan, just thinking about this on the basis of some facts I'm aware of.
Its not unusual for countries outside the biggest media producers (like the US for instance) to have rules in place to make sure there is continued local cultural output.
Ah similar to Canadian content (CanCon) policies in Canada. Got it.