Communications Services Up On Growth Bias Communications Services Roundup
04/23/2021 | 05:32pm EDT
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Message : Communications services companies rose as investors rotated into sectors that would benefit from economic growth. The bias for growth sectors reversed itself earlier this year after a spike in Treasury yields caused a reassessment of stock portfolios. But tech, communications services and biotech companies are once again outperforming the broad market. This may not last, according to one strategist. If the virus gets back under control and/or the data in the U.S. continue to show high economic growth and more persistent and higher-than-expected inflation, we expect bond markets to again sell off (driving yields higher) and the tech to cyclical trades to resume, said Chris Zaccarelli, chief investment officer for the Independent Advisor Alliance, in emailed commentary.
Spotify to launch rival podcast subscriptions to Apple: Report
By IANS |
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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.
Can Apple get you to pay for podcasts?
The world’s most popular podcast app gets subscriptions
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Beth Silvers credits paid subscriptions for making podcasting her full-time job. She and Sarah Stewart Holland host
Pantsuit Politics, a show that tries to turn political punditry into “grace-filled conversations.” The two of them launched the show in 2015 and then started experimenting with subscriptions two years later, first on their own website in the form of monthly contributions, and then, not long after, on Patreon.
Three years later, they now have over 4,000 monthly subscribers who pay anywhere from $5 to $100 per month, employ a full-time listener-turned-employee, and fully focus their time on the show. Their revenue is now equally made up of advertising and memberships. “It was still a big risk [when we switched to Patreon],” Silvers says. “We weren’t quite at a sustainable point. We thought to get to sustainability, we’ve got to invest more
Apple Will Keep 15 to 30% Cut of Podcast Subscriptions
Tuesday April 20, 2021 12:59 pm PDT by Juli Clover
Apple today announced a new podcasts subscription feature that s coming to the Podcasts app. Podcast subscriptions will let podcast publishers sell subscriptions to an individual show or a group of shows, with pricing starting at 49 cents per month.
Publishers will be able to set their own pricing, but according to
Recode, Apple plans to take a cut. Apple will collect 30 percent of subscription revenue that creators generate in their first year on the platform, and after that, Apple will collect 15 percent. This is the same pricing setup that Apple uses for other subscription options.
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Apple announced many things at its Spring Loaded event, one of which was its new podcast subscription service.
We’ve had streaming subscriptions, meal subscriptions, even toilet paper subscriptions. So what’s so great about Apple’s podcast subscription service?
What is Apple’s new podcast subscription service?
The new premium subscription service will apparently give listeners a new marketplace for podcasts offered by their favourite creators alongside millions of other free shows with Apple Podcasts.