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Spotify launches paid subscription platform for podcasts
Updated:
Updated:
April 28, 2021 12:45 IST
The service comes a week after Apple introduced a subscription service for podcasts on Apple Music
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The audio-streaming firm will charge a 5% commission starting 2023.
| Photo Credit: AFP
The service comes a week after Apple introduced a subscription service for podcasts on Apple Music
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Music streaming app Spotify said on Tuesday it has launched a podcast subscription model just a week after Apple rolled out a subscription-based podcast service.
Telegraph Media Group (TMG) has enjoyed a 77% surge in digital subscription revenues to earn £31.5m in 2020
Telegraph Media Group (TMG) has enjoyed a 77% surge in digital subscription revenues to earn £31.5m in 2020, a £13.7m rise on the year before.
The windfall arose courtesy of 139,000 additional lockdown subscribers taking the total audited subscriber base to 562,000, a 33% increase from December 2019 when the tally stood at 423,000.
Despite this, 2020 turnover conspired to disappoint at £235.2m, a decline versus 2019 when turnover stood at £265.8m. This is attributed to a structural decline in print advertising and newspaper circulation, together with the impact of Covid-19.
‘Clear value’ of subscription strategy
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