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Spotify starts 'disinvesting' in France in response to new music-streaming tax | TechCrunch

Spotify is pulling support for two music festivals in protest against a controversial new tax directed at music-streaming platforms operating in France, and threatened more action will follow in the coming months. Antoine Monin, managing director for Spotify in the France and Benelux regions, took to X this week to decry a new tax that will impose a levy of what is expected to be between 1.5 and 1.75% on all music-streaming services, with the proceeds going toward the Centre National de la Musiq...

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