Fuck 'em. They are parasites on the artistic world.
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.
Unfortunately, that 5% fee means Spotify prices are going up 10%
Sure. That just means that Canadian consumers of Spotify will be indirectly subsidizing Canadian artists.
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.
He ce Spotify prives going up 10, to make sure company profits are covered and then some
Sure but then they pay more taxes. Increase in price means more revenue which means more taxes. It’s just a circle.
Oh no, don’t tax the megacorps, that’s mean CRTC, how could you?
Does the CRTC do anything to help Canada at this point? They’ve allowed all telecoms/media to be merged down to 2 and a half entities. They’ve allowed cell and internet service prices to be the highest in the western world. They’ve forced CanCon rules that subsidize media monopolies while driving viewers to non-Canadian platforms. And now they are going to drive other services out of Canada at the request of those same media monopolies.
Awww those poor poor billion dollar corporations… So sad… /s
The letter argued that Canada’s radio regulations were designed to address the problems created by its vast geography, its “linguistic duality” (English and French), and the fact that space on analog radio is limited, making decisions about what gets broadcast necessary.
Citation needed DiMA. Way to try framing the issue to look in your favour.
Instead of those “issues” we now have locked down apps and opaque algorithms that reduce user control.
To be fair I have found some good stuff through the recommendations, but I also don’t know how often they try to boost certain artists because of back room deals. Companies need regulations to keep them slightly honest.
Dont hurt me profit!!!
I can’t believe you would stab me right in the profits!
I’m for it as long as they don’t force Canadian content on users in Canada. I’m all for supporting Canadian artists, but radio in particular is fucking awful bc all they play is rush and metric ad nauseum to meet their content requirements
I don’t understand why streaming should support radio ? They should support artists and new artist via taxes though, that makes total sense.
But the radio …?
Not sure where you’re getting that from—this isn’t about anyone helping radio stations. The idea is that the government would impose laws and taxes on large streaming services operating in Canada that are somewhat similar to those currently imposed on radio stations in Canada.
Oh ok, I thought I read that a small percentage of those taxes would go to local radio somehow.
The actual relevant source document appears to be this: https://crtc.gc.ca/eng/archive/2024/2024-121.htm. Judging from that, some of the money will go to funds that subsidize the production of local news programs in any medium (including radio), and there’s a small amount earmarked for community radio. It’s supposed to encourage the stations to create and broadcast content that’s beneficial to the general public but not as profitable as what they might otherwise air in its place. If you consider that to be “helping” radio stations, then fine, I concede, but to be honest, the specific details of where the money ends up aren’t the major point here, and will probably change over time.
I expect domestic radio stations pay into many of the same funds, although to be honest I’ve never checked. If we actually had a Canadian-owned streaming service that was willing to produce news programs or one of the other categories the government wants to encourage, they might get some money too. Including some of what’s coming from the radio stations, because no one is making an attempt to keep the revenue streams coming from different sources separate . . . and really, why should they? It’s extra administrative overhead to no real benefit.
It’s fine by me, I misunderstood the ‘helping’ radio station part so it’s irrelevant. Thanks for the clarification!
Because streaming is international while radio is local.
If international sites wanna play their music in Canada, then they should pay for the privilege.
I don’t understand why streaming services need to help radio stations. Are radio station sharing their profit as well ?
Are radio station sharing their profit as well ?
They always have.
And this **isn’t ** about streaming services helping radio stations, its about supporting Canadian content creators.
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.
