Spotify's Changing Plans
On Apr. 27, Spotify announced the launch of podcast subscriptions. But it is only rolling them out for select partners at the moment, and has said podcasters won't have to pay it for the service for the first two years, meaning subscribers are unlikely to see it generate any extra revenue for the platform until 2023.
This is a similar story with the company's Car Thing music player, which is only getting a limited launch for now, and which the company is currently giving away instead of selling.
The report release follows Spotify's announcement that it would soon be increasing prices for its family plan in the US, and Duo, Student, and Family plans in the United Kingdom, and some European countries.