Spotify Announces Podcast Subscriptions

Last week, Apple announced a major update to the Podcasts app that . Now Spotify has gotten a similar opportunity.

So far, only users of the service in the United States will be able to subscribe to podcasts. Such a function will work through the proprietary Anchor platform. It allows content makers to tag paid episodes. By the way, for the first two years, Spotify promises not to take a commission on income. That is, 100% of the subscription money will go to podcasters. From 2023, the company will introduce a commission of 5%. For comparison, Apple now takes a 30% commission and promises to drop it to 15% next year.

When it comes to pricing, Spotify podcast creators will be able to choose their subscription price: $2.99, $4.99, or $7.99. Such paid content will be marked with a special badge.

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Alexandr Ivanov earned his Licentiate Engineer in Systems and Computer Engineering from the Free International University of Moldova. Since 2013, Alexandr has been working as a freelance web programmer.
Function: Web Developer and Editor
Alexandr Ivanov

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