France did something like that last month. To support the "Centre national de la musique", a new 1.2% tax was added on digital music streaming services. But rather than absorbing the cost, Spotify just raised its subscription cost.
In the end, the government just taxes its citizens more instead of getting a bigger share of revenue from these companies.
https://newsroom.spotify.com/2024-03-07/spotify-to-adjust-it...