Spotify has increased all of its premium subscription in France by 1.2% in response to the French government's levy on music streaming platforms.
TechCrunch reported that the new individual subscription plan is now at €11.12 ($12.02) per month, with the 1.2% levy also applying to other music streaming platforms like Deezer, Apple, and Google effective retroactively from Jan. 1.
Increase in Spotify's Subscription Plans
On the other hand, Euronews reported that Spotify's family plan would increase by 22 cents to €18.21 ($19.68) a month, while the student subscription would get a 7-cent hike at €6.06 ($6.55). The two-person plan would also increase by 18 cents at €15.17 ($16.39) per month.
The new levy was established by France to support its music sector, with proceeds of the tax going towards the country's National Center of Music (CNM).
Spotify Pulls Out of French Music Festivals
Because of the move, Spotify revealed late last year that it would discontinue its financial support to all local French music festivals. The platform said at the time that its move was designed to offset the costs of the tax.
This also meant that France is among the leading nations in the Eurozone where Spotify is the priciest.
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