spotify plans for podcast subscriptions payments

The revenue has coincided with a popularity surge in longform storytelling. Spotify recently introduced Podcast Subscriptions that enable podcasters to charge a monthly fee for their content.Ĭreators on 50 platforms powered by Stripe have earned close to $10 billion in revenue, according to Stripe’s data, per the release. Spotify aims to connect creators with fans and help those creative artists make a living from their art, the release stated.

See also: Ford-Stripe Partnership Aims to Transform Cars Into Tokenized Wallets “Stripe shared our passion for this feature their technology and ability to collaborate at speed helped enable the launch of Podcast Subscriptions in 2021, connecting creators and listeners across the world.”

“Spotify Podcast Subscriptions make it easy for creators to establish and manage an important new revenue stream and for listeners to seamlessly subscribe to content that they enjoy,” said Spotify Global Head of Talk Verticals Michael Mignano in the release. Global payments processing firm Stripe is partnering with audio streaming platform Spotify to help creators monetize subscriptions, accept payments and launch recurring revenue streams, while also engaging on a deeper level with fans, according to a Tuesday (Jan.

Spotify plans for podcast subscriptions payments