Spotify is reportedly planning to introduce a paid podcast subscription service, and not take a cut of revenue as Apple's new Podcast subscriptions will.
Following Apple's announcement of paid subscription podcasts, rival Spotify is said to be about to introduce a competing service as soon as next week. It's part of Spotify's continued expansion of non-music services.
According to the Wall Street Journal, Spotify's offering will reportedly differ from Apple's by not charging a fee, nor taking a revenue cut.
Citing unnamed sources familiar with the plans, the Wall Street Journal says that Spotify will also allow podcast creators to set their own pricing. Reportedly, once the service is available, users of Spotify's iOS app will pay for a subscription via a website.
If correct, that means Apple will not take a cut of that revenue as it does with regular in-app purchases.
Spotify has not commented on the report. And Apple has not yet set a date beyond "next month," for the launch of its service.
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