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.
Apple Podcasts (left) and Spotify
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.
Stay on top of all Apple news right from your HomePod. Say, "Hey, Siri, play AppleInsider," and you'll get latest AppleInsider Podcast. Or ask your HomePod mini for "AppleInsider Daily" instead and you'll hear a fast update direct from our news team. And, if you're interested in Apple-centric home automation, say "Hey, Siri, play HomeKit Insider," and you'll be listening to our newest specialized podcast in moments.