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Spotify Is Launching Podcast Subscriptions, and Unlike Apple Won’t Take a Cut From Creators – Variety

Spotify wants to be the industry’s No. 1 distributor of podcasts — and it’s willing to forgo some revenue in order to counter Apple’s push into podcast subscriptions….

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Spotify wants to be the industry’s No. 1 distributor of podcasts — and it’s willing to forgo some revenue in order to counter Apple’s push into podcast subscriptions.
Next week, Spotify will launch its podcast subscription option for partners. But the company will be letting content creators keep 100% of the subscription fees: Spotify will not take a cut of podcast subscription revenue, sources confirmed, as first reported by the Wall Street Journal. By contrast, Apple will keep up to 30% of podcast…

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