Canada backs off making Spotify pay for Canadian music, and the money has stopped
Ottawa has told the Federal Court of Appeal it plans to scrap the rule that large foreign streamers pay 5% of their Canadian revenue into Canadian content funds, and replace it with government money. The 31 August payment date came and went with no new transfers. For music, that means FACTOR, Musicaction and the funds behind early-career artists swap a levy that grew with streaming for a budget line that can be cut.
Industryvia Department of Justice Canada (via Cartt.ca)