Spotify Withdraws Support From Music Festivals to Protest French Tax

Spotify has withdrawn its support from two music festivals in France in response to the country’s introduction of a new tax that is opposed by music-streaming platforms.The company’s managing director for the France and Benelux regions, Antoine Monin, expressed his dissatisfaction with the tax in a post on X, and the company called the tax a “real blow to innovation,” TechCrunch reported Friday (Dec. 22).In response to the tax, Spotify has decided to withdraw its support from the Francofolies de la Rochelle ...