Spotify hikes subscription price in France by 1.2% to match new music-streaming tax
Reading Time: < 1 minutesSpotify has hiked the price for its premium subscription in France by an eye-watering €0.13 in response to a music-streaming levy imposed by the government at the start of the year.
At €11.12 per month for an individual subscription plan, the new price is 1.2% higher than the previous amount — the same as the 1.2% levy that France imposed on music-streaming companies including Deezer, Apple, Google, and Spotify starting from January 1 this year. The 1.2% increase applies to all of Spotify’s subscription plans, including student, family and duo.
France introduced the new levy as a way to support the country’s music sector, and proceeds from the tax will be directed toward the Centre National de la Musique (CNM), which was established four years ago.
While the increase is unlikely to force consumers to ditch their premium subscriptions, this move now puts France among the priciest countries for Spotify in the Eurozone.
Ref: techcrunch
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