Tax on streaming in France

Tax on streaming in France

This text discusses the implementation of a streaming tax in France to fund the Centre national de la musique (CNM). The government has decided to tax the revenue of streaming platforms, aiming to provide sustainable and supportive financing for the music industry.

However, the Adami organization emphasizes the ongoing issue of fair value distribution and artist compensation in streaming. The recent strikes by actors and writers in the United States and a report by the European Parliament's Culture Committee highlight these concerns.

In France, an agreement was reached 18 months ago for a minimum compensation guarantee (GRM), but Adami fears that the new streaming tax might negatively affect artist revenues, contrary to the GRM's intent to improve them. Adami is vigilant to ensure that this tax does not impact artist incomes and calls for better support for artists by the CNM, now that it has stable funding.

Additionally, Adami notes the decline in revenues from private copying, a significant income source for artists, and states that its future financial support for the CNM will depend on the performance of private copying revenue and fair compensation.