floofloof@lemmy.ca to Canada@lemmy.caEnglish · 13 hours agoMajor music companies send letter to Canada’s CRTC, urging it not to regulate streaming as if it were radiowww.musicbusinessworldwide.comexternal-linkmessage-square18fedilinkarrow-up177arrow-down10
arrow-up177arrow-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 · 13 hours agomessage-square18fedilink
minus-squarepowerofm@lemmy.calinkfedilinkarrow-up5·8 hours agoUnfortunately, that 5% fee means Spotify prices are going up 10%
minus-squaredriving_crooner@lemmy.eco.brlinkfedilinkarrow-up1·19 minutes 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-squareAuli@lemmy.calinkfedilinkEnglisharrow-up2·2 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%
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.
Sure but then they pay more taxes. Increase in price means more revenue which means more taxes. It’s just a circle.