this post was submitted on 28 Sep 2024
126 points (99.2% liked)

Canada

7210 readers
281 users here now

What's going on Canada?



Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities


🏒 SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


💻 Universities


💵 Finance / Shopping


🗣️ Politics


🍁 Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] theacharnian@lemmy.ca 91 points 1 month ago (8 children)

Under those rules, streaming services that are not Canadian-owned and have more than CAD $25 million (approx. USD $18.5 million)  in revenue in Canada annually are required to pay 5% of that revenue into funds that subsidize Canadian content and creators.

Under that plan, 1.5% of music streamers’ revenue would go towards subsidies for local radio stations.

Lol, yea, pay your fucking taxes, grifters.

[–] powerofm@lemmy.ca 14 points 1 month ago (6 children)

Unfortunately, that 5% fee means Spotify prices are going up 10%

[–] driving_crooner@lemmy.eco.br 3 points 1 month ago (1 children)

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.

[–] phoenixz@lemmy.ca 4 points 1 month ago

He ce Spotify prives going up 10, to make sure company profits are covered and then some

load more comments (4 replies)
load more comments (5 replies)