Spotify to launch rival podcast subscriptions to Apple: Report

Spotify to launch rival podcast subscriptions to Apple: Report
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Apple. (File Photo: IANS). Image Source: IANS News
San Francisco, April 23 : Following Apple's announcement of paid subscription podcasts, Swedish music streaming service Spotify is planning to introduce a paid podcast subscription service, where it will not take a cut of revenue unlike Apple, the media reported.
The Swedish music streaming service may announce the new offering by next month.
AppleInsider citing the Wall Street Journal reported that Spotify's offering will differ from Apple's as it will neither charge a fee nor take a revenue cut.
Citing unnamed sources familiar with the plans, the report said that Spotify will also allow podcast creators to set their pricing.

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