floofloof@lemmy.ca to Canada@lemmy.caEnglish · 1 day agoMajor music companies send letter to Canada’s CRTC, urging it not to regulate streaming as if it were radiowww.musicbusinessworldwide.comexternal-linkmessage-square23fedilinkarrow-up189arrow-down10
arrow-up189arrow-down1external-linkMajor music companies send letter to Canada’s CRTC, urging it not to regulate streaming as if it were radiowww.musicbusinessworldwide.comfloofloof@lemmy.ca to Canada@lemmy.caEnglish · 1 day agomessage-square23fedilink
minus-squarepowerofm@lemmy.calinkfedilinkarrow-up8·1 day agoUnfortunately, that 5% fee means Spotify prices are going up 10%
minus-squareacargitz@lemmy.calinkfedilinkarrow-up1·4 hours agoSure. That just means that Canadian consumers of Spotify will be indirectly subsidizing Canadian artists.
minus-squaredriving_crooner@lemmy.eco.brlinkfedilinkarrow-up3·17 hours agoIf 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.
minus-squarephoenixz@lemmy.calinkfedilinkarrow-up1·12 hours agoHe ce Spotify prives going up 10, to make sure company profits are covered and then some
minus-squareAuli@lemmy.calinkfedilinkEnglisharrow-up2·19 hours agoSure but then they pay more taxes. Increase in price means more revenue which means more taxes. It’s just a circle.
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.