Spotify’s Podcast Service Set To Launch Soon
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Spotify’s Podcast Service Set To Launch Soon

👤DREALAYODEJI    📅25-04-2021 20:29

      Spotify is soon going to launch its podcast subscription service. The platform would be competing with Apple's newly announced podcast subscription service but it will not charge a fee or take a membership cut like its rival.

While Apple keeps up to 30% of Podcast subscription fees, Spotify will be giving 100% of Podcast subscription fees back to creators.

Spotify has said it was going to test paid subscriptions for podcasters to allow them to offer exclusive content to subscribers, officially announcing that during its February ''Stream On'' event but we have no official statement yet on how that will work.

Spotify has also brought important personalities like Obamas, Prince Harry, and Meghan Markle, and most recently, Bruce Springsteen, aboard to promote their Podcast. It has also signed podcast deals with Warner Bros, Hollywood producer Chernin, and Archie Comics.

Meanwhile, in conjunction with Spotify's podcast subscription rollout, Facebook plans to launch an integrated version of Spotify's audio player, a service called ''Project Boombox''.

The service will start next week and will provide access to songs and podcasts directly within the Facebook app. That's part of a broader embrace of social audio and audio-messaging features that Facebook announced on Monday.

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