Spotify will launch its own podcast subscription and will not keep a percentage like Apple, advances the WSJ

This week we had an Apple event and one of the novelties is the podcast subscription service. The idea is to offer creators the ability to monetize their listeners, who can set whatever price they want. Of course, Apple will get a slice, since keep 30% of paid subscriptions for the first year, a percentage that will be reduced to 15% from the following year.

After this announcement, Spotify, which has been betting heavily on podcasts for some time, does not seem to want to be left behind. And it is that according to the Wall Street Journal, citing people familiar with the matter (who remain anonymous), Spotify is going to announce its own subscription service next week and, unlike Apple’s model, will not keep anything.

Read more