
Earlier this 12 months, Spotify introduced their plans to introduce podcast subscriptions. Basically what this implies is that podcasters who need to make cash off their content material will have the ability to add subscription choices by which they will then lock content material behind these subscriptions that customers must pay for in the event that they need to hearken to it.
The availability of the podcast subscription was restricted to the US firstly, however the excellent news is that podcasters in different international locations will now have the ability to participate in it. Spotify has introduced the growth of their podcast subscription program the place it’ll now cowl a further 33 international locations.
This consists of Australia, New Zealand, Hong Kong, Singapore, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, and the United Kingdom.
The firm says that they are going to be including Canada, Germany, Austria, and France to the record subsequent week. The firm will at present not be taking any cuts from subscription income for the primary two years, however come 2023, they are going to be taking a 5% reduce, so podcasters ought to get in now in the event that they’re attempting to keep away from charges as a lot as potential.
Spotify’s announcement of the function earlier this 12 months was on the heels of Apple’s personal announcement the place they too have launched their very own podcast subscription function.
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