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FYI

MRC Data Market Watch Facts & Figures: June 24th, 2021

Here is this week's MRC Data Market Watch report which features Canadian music stats for the current week and YTD with comparisons to last year. This chart is published every Tuesday.

MRC Data Market Watch Facts & Figures: June 24th, 2021

By External Source

Here is this week's MRC Data Market Watch report which features Canadian music stats for the current week and YTD with comparisons to last year. This chart is published every Tuesday. The abbreviation "TEA" is a term used to describe the sale of music downloads or singles. A track equivalent album is equal to 10 tracks, or 10 songs.


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Major Music Streaming Companies Push Back Against Canadian Content Payments: Inside Canada's 'Streaming Tax' Battle
Photo by Lee Campbell on Unsplash
Streaming

Inside Canada's 'Streaming Tax' Battle

Spotify, Apple, Amazon and others are challenging the CRTC's mandated fee payments to Canadian content funds like FACTOR and the Indigenous Music Office, both in courts and in the court of public opinion. Here's what's at stake.

Some of the biggest streaming services in music are banding together to fight against a major piece of Canadian arts legislation – in court and in the court of public opinion.

Spotify, Apple, Amazon and others are taking action against the Canadian Radio-television and Telecommunications Commission (CRTC)’s 2024 decision that major foreign-owned streamers with Canadian revenues over $25 million will have to pay 5% of those revenues into Canadian content funds – what the streamers have termed a “Streaming Tax.”

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