MUMBAI: Spotify reported a 16 per cent year-on-year increase in third-quarter revenue to €5 billion, as paid subscribers grew 9 per cent to 306 million and monthly active users (MAUs) climbed 11 per cent to 788 million.
Spotify began rolling out Memberships on October 20 in 34 markets, letting eligible podcast creators charge fans for benefits such as bonus episodes and early listening access. Creators retain 90% of the revenue they generate, and listeners with either Free or Premium accounts can join a participating show’s Membership.
Spotify has launched its new Memberships feature in Australia, giving podcast creators another way to generate recurring revenue from their audiences without relying entirely on advertising or sponsorships.
Spotify has launched its new Memberships feature in 34 markets, allowing eligible podcast creators to charge listeners a monthly fee for exclusive content and additional benefits.
Spotify has launched paid memberships for podcasts, allowing creators to charge their most engaged listeners for perks such as fewer adverts and early access. The move puts the company in more direct competition with Patreon and YouTube.
Spotify first previewed Memberships at its Investor Day back in May, and today the feature is rolling out in 34 markets. It lets eligible podcast creators charge their biggest fans a monthly fee for exclusive content and perks, and it replaces the podcast subscriptions Spotify introduced in 2021.
Spotify on Tuesday launched paid memberships, a new way for podcasters to make money from their biggest fans beyond paywalled bonus episodes. Creators can decide which perks to offer listeners, which could be bonus audio or video, fewer ads, early access to shows, or some combination of these.
Anyone who has a favorite podcast knows fandom goes beyond listening and watching. It’s about the connections fans build with creators and the ways they show their support. At Spotify, we’re always thinking about new ways to deepen those connections and help creators grow sustainable businesses. Starting today, we’re rolling out Memberships in 34 markets,…
Spotify has introduced Memberships, a new feature enabling podcast creators to offer exclusive content and experiences directly to their most engaged listeners.
Spotify is giving podcasters another way to turn loyal listeners into paying supporters, and this time, the offer goes beyond exclusive episodes.