Spotify announce Paid Subscriptions for podcasts – allowing creators to monetize shows and keep 100% of the revenue

Just a week after Apple announced Apple Podcast Subscriptions, Spotify announce Paid Subscriptions, their answer to monetizing podcasts.

Spotify are thought to announce podcast subscriptions this week, while taking no cut from creators

After Apple Podcasts Subscriptions, Spotify may also allow podcasters to offer paid exclusives to be purchased on their podcast platform.

Much like Spotify, Apple are also reportly planning a premium podcast platform

Rumours suggest Apple are also planning a premium podcast subscription to rival efforts from Amazon, SiriusXM and Spotify’s unannounced potential premium podcast plan.