This week I heard Spotify had announced some new features to enable paid podcasting on their platform. “Cool,” I thought, “but fairly straightforward and predictable.”
Boy, was I wrong!
My initial (lazy) read of Spotify’s announcement was that they were letting podcasters put episodes behind a paywall in their app, kind of like what Apple just announced, but higher friction since they need to avoid in-app payments in order to avoid the Apple 30% tax.
And, to be clear, they are doing that. But they’re also doing something way more interesting called the “Open Access Platform” which I think represents a new model for the creator economy that other platforms could copy and, if we play our cards right, could unlock a new wave of growth for creators, collectives, and publishers of all sorts.
Here’s how they pitch it:
Are you a creator or publisher who has subscribers elsewhere? We’re also working on technology that will let your listeners hear your content on Spotify using your existing login system. This gives creators with existing subscriber bases the option to deliver paid content to their existing paid audiences using Spotify, retaining direct control over the relationship.
The Only Subscription
You Need to
Stay at the
Edge of AI
Black Friday offer: subscribe now with 25% off of your first payment
"This might be the best value you
can get from an AI subscription."
- Jay S.
Join 100,000+ leaders, builders, and innovators
Email address
Already have an account? Sign in
What is included in a subscription?
Daily insights from AI pioneers + early access to powerful AI tools
Comments
Don't have an account? Sign up!
And here is the beginning of the end of the golden age of podcasts, where you could find hundreds of hours of great content for free... I understand that you, as a content creator, are excited, but most of us, the consumers, don't enjoy learning there are now wonderful new ways to get into our pockets.
@cohenamit Believe me, I totally understand! Hence what we’re trying to do here with bundling 😅
@cohenamit Believe me, I totally understand! Hence what we’re trying to do here with bundling
@nbaschez Indeed, that sounds like the better solution.
Micropayments sound fair in theory, but it's easy to get out of control :)
@cohenamit if you pay for Netflix, or any other CaaS, why wouldn't you pay for smart conversations that bring you value?
If I remember correctly, Apple is also doing something similar with the Apple News app where subscribers to The Washington Post or The Economist can log in with their respective accounts to read paywalled content within the Apple News app.
This is huge news, bought $SPOT on the announcement!