Spotify said on Thursday it will raise its subscription prices in France in response to a new tax designed to support the nation’s music industry. The company wrote an open letter denouncing the tax, which France’s government passed in late 2023. The streaming service hasn’t yet said how high the price hike will be, other than teasing, “French users will now pay the highest subscriptions across the European Union.”
France’s CNM tax imposes a levy on music services that earn over 20 million euros ($21.9 million) in
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