Spotify Debuts Podcast Subscriptions for All US-based Creators

On Tuesday, Spotify announced that all US-based creators can use its podcast creation tool, Anchor, to offer subscriber-only content to their audiences.

The company initially launched this service to a small number of creators in April for testing purposes. And while it is only open to US-based creators at the moment, international creators can access it from September 15.

Spotify has taken this step to compete with Apple which launched its podcast subscription product in June. At the moment, it – Spotify – won’t take any cut of the revenue. Consequently, creators get to keep all their earnings minus processing fees. However, from 2023, the platform will charge a 5% cut of earnings for the service.

In contrast, Apple charges 30% of subscribers’ revenues for the first year and 15% for subsequent years. Further, users have to pay a $19.99 to enrol in the Apple Podcasters Program to use the product.

Finally, the company has expanded its price point from three options to 20 options. The lowest tier costs $0.49 and the highest costs $150. Also, it offers creators the ability to download their audience members’ email addresses. With this, creators can engage with their subscribers and develop a direct relationship with them.

TechVise
TechVise was formed ages ago and has grown a lot. 10 years later, TechVise remains steadfast on its core values. To be the go to resource on the web for tips, tricks, reviews, features and how to guides to make your life with gadgets, apps & services easier.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related Article

News Feed

PlayStation Plus Unveils Games for October 2021

Sony revealed their three new games that will be joining the PlayStation Plus on Wednesday which will line up in October.

Amazon Event 2021: Everything that Happened

Amazon held its Event 2021 on Tuesday, September 28, 2021, where it announced a slew of new gadgets including a human robot.

Microsoft Teams to Get New Updates that will Eliminate Distractions

Microsoft is currently working on introducing new features to maintain focus during calls and meetings by the month of November.

Want to stay up to date with the latest updates?

Please fill in your details and we will send you an update every time we publish a new article.

We use Mailchimp as our marketing platform. By clicking subscribe, you acknowledge that your information will be transferred to Mailchimp for processing.