Spotify has hiked the worth for its premium subscription in France by an eye-watering €0.13 in response to a music-streaming levy imposed by the federal government firstly of the yr.
At €11.12 per thirty days for a person subscription plan, the brand new worth is 1.2% greater than the earlier quantity — the identical because the 1.2% levy that France imposed on music-streaming corporations together with Deezer, Apple, Google, and Spotify ranging from January 1 this yr. The 1.2% improve applies to all of Spotify’s subscription plans, together with pupil, household and duo.
France launched the brand new levy as a strategy to help the nation’s music sector, and proceeds from the tax can be directed towards the Centre Nationwide de la Musique (CNM), which was established 4 years in the past.
In response, Spotify revealed on the tail-end of final yr that it was pulling monetary help for native French music festivals, together with Les Francofolies de la Rochelle and the Printemps de Bourges. The corporate had additionally mentioned it could improve the costs in France, although it hadn’t revealed by how a lot. In an announcement offered to TechCrunch on the time, Spotify mentioned the transfer was designed to offset the prices of this tax, so it’s no shock that the brand new worth precisely matches that of the levy.
Whereas the rise is unlikely to pressure shoppers to ditch their premium subscriptions, this transfer now places France among the many priciest international locations for Spotify within the Eurozone.
