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The company said it’s launching a new audio advertising marketplace, the Spotify Audience Network. Spotify’s podcast library has been bolstered by high. Now it needs to show investors that bet will pay off. In the company’s fourth-quarter earnings, chief executive Daniel Ek suggested the streaming media company foresees a future where there will be multiple business models for podcasts, including, potentially both ad-supported subscriptions à la carte options. Spotify provided more details today about how it plans to monetize its investments in podcasts. Since 2019, Spotify has spent hundreds of millions of dollars investing in podcasts. We’ll have to wait until these platforms launch until we can truely compare the features of each.įollowing are the platform fees/cuts. Spotify again signaled its interest in developing new ways to monetize its investments in podcasts. Spotify again signaled its interest in developing new ways to monetize its investments in podcasts. As Apple and Spotify’s platforms are yet to be publicly available, numbers may change prior to release. Non-US customers receive invoices from Spotify AB. Practical info Legal entities: US customers receive invoices from Spotify USA Inc. With 345 million monthly listeners on Spotify, there’s a massive opportunity for all of these creators to monetize their workand we believe there needs to be a variety. More and more creators are bringing their podcasts and shows to Spotify.

Starting in 2023, Spotify plans to implement a 5 fee on. We accept bank transfers or checks (US only). Spotify Ushers In New Era of Podcast Monetization With New Tools for All Creators. Until 2023, participants in Spotify’s podcast subscription program will keep 100 of revenue (excluding payment processing fees). These numbers are minus any taxes or tranaction fees, as these vary by region. Unless otherwise mentioned in the invoice.

How do these three services’ fees stack up against each other?

Both Apple’s Podcasts Subscriptions and Spotify’s Paid Subscriptions work in a similar way to Patreon, allowing creators to sign up and offer exclusive content in exchange for monthly payments. Last month, both Apple and Spotify revealed plans for their upcoming podcast subscription models. How do the creator fees for Apple Podcasts Subscriptions, Spotify Paid Subscriptions and Patreon stack up for podcasters? It requires taking a step back and thinking strategically to determine the right price/content balance.