[ad_1]
In line with a new government-imposed music-streaming tax, Spotify has announced a €0.13 increase in its premium subscription rates in France.
The price has been adjusted to €11.12 per month for the individual subscription plan, reflecting a 1.2% hike, the exact rate of the tax introduced by France targeting music-streaming services such as Deezer, Apple, Google, and Spotify since the commencement of 2023. The increment is consistent across various Spotify plans, including those for students, families, and duos.
The devised tax aims to support the French music industry, with the proceeds assigned to the Centre National de la Musique (CNM), founded four years back to bolster the sector.
Spotify had proclaimed last year its decision to stop financially backing certain French music festivals such as Les Francofolies de la Rochelle and Printemps de Bourges. Further, the streaming giant stated its plans to adjust subscription rates in France due to the tax, though the exact figures were not disclosed until now. Spotify’s recent statement to TechCrunch confirmed that the price alignment is directly associated with compensating for the tax.
Despite this price adjustment, it is not anticipated to significantly impact users’ decisions to maintain their subscriptions. However, it does position France as one of the most expensive Eurozone countries to use Spotify.
[ad_2]
Frequently Asked Questions (FAQ)
Why did Spotify raise its subscription price in France?
Spotify raised its subscription price in response to a 1.2% music-streaming tax imposed by the French government. The increase in subscription costs is intended to offset the new levy.
How much has the Spotify subscription price increased in France?
The premium subscription rate has gone up by €0.13, with the individual plan now costing €11.12 per month.
Does the price hike apply to all Spotify subscription plans in France?
Yes, the 1.2% increase is applicable to all of Spotify’s subscription plans in France, including the student, family, and duo options.
What is the purpose of the new music-streaming tax in France?
The tax was introduced to support the French music industry, with tax proceeds directed towards the Centre National de la Musique (CNM), which promotes the sector’s growth and development.
Will the price increase by Spotify affect other streaming services?
The tax applies to all music-streaming companies operating in France, not just Spotify. Thus, similar price adjustments from other streaming services could occur.
Has there been any indication of users canceling their Spotify subscriptions due to the increase?
While there is no definitive data presented, the price hike is relatively small and not expected to lead to a significant loss of subscribers.
Are there any exceptions to this tax for certain users or subscription plans?
No exceptions have been reported. The tax and resulting price increase apply universally across all subscription types offered by Spotify in France.
