• acargitz@lemmy.ca
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      1 month ago

      Sure. That just means that Canadian consumers of Spotify will be indirectly subsidizing Canadian artists.

      • CanadaPlus@lemmy.sdf.org
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        1 month ago

        I see no problem here.

        Well, assuming you see having domestic content as a valid goal, anyway, which isn’t necessarily a given.

    • Auli@lemmy.ca
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      1 month ago

      Sure but then they pay more taxes. Increase in price means more revenue which means more taxes. It’s just a circle.

      • Robust Mirror
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        1 month ago

        That’s why they raise it by 10%, not 5%.

        Say sub is currently $100/year, they now have to pay $5, they get $5 less. If they raise by 5% to $105, they have to pay $5.25, they get 25c less than originally. But if they raise to $110, they have to pay $5.50, and suddenly they are getting $4.50 more than before, even though they are paying more taxes. And they can blame it on this so people don’t hate them as much and accept it.

    • driving_crooner@lemmy.eco.br
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      1 month ago

      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
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        1 month ago

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