Spotify Follows Apple Into Paid Podcasts

The company won’t take a cut of sales until 2023

Spotify unveiled paid podcasts on Tuesday.
Spotify unveiled paid podcasts on Tuesday. Spotify

Audio giant Spotify announced its first foray into paid subscription podcasts on Tuesday, a similar move to Apple’s announcement last week.

@ScottNover scott.nover@adweek.com Scott Nover is a platforms reporter at Adweek, covering social media companies and their influence.