YouTube could be desperate to compete towards large podcast hosts like Amazon, Apple and Spotify. Bloomberg sources say YouTube is providing podcasters “grants” to provide movies, together with filmed variations of their reveals. Individual present creators would obtain $50,000, whereas podcast networks would obtain $200,000 or $300,000.
Parent firm Google declined to remark. YouTube is already a house for some podcasts, nevertheless it hasn’t pursued that episodic content material as aggressively as Spotify and different (usually audio-focused) companies. There have been hints of modifications, although, corresponding to appointing government Kai Chuk to steer the podcasting technique. In Canada, YouTube additionally stopped requiring paid Premium accounts to play audio within the background.
A technique like this would not be stunning. Amazon and Spotify have been touchdown extra main podcast offers, whereas Apple’s Podcasts app remains to be thought-about a significant residence for a lot of reveals. While YouTube’s grants would not safe any exclusives, they’d give creators extra incentives to make podcasts accessible on the platform — and followers extra incentives to think about YouTube.
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