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![]() ![]() YouTube is also leaning into short-form video and appeals to a similar audience as TikTok, a younger demographic that has become accustomed to not paying for such content, including music.Īn expanded version of this report appears on WSJ.com. Sign up to get unlimited songs and podcasts with occasional ads. Wall Street Journal sources claim Spotify will unveil its own paid podcast system sometime 'next week. ![]() YouTube also have sizable music-streaming businesses that compete for users. a Patron Penguin Magic Podcast Eli Marks Mystery Series Kevin Kareckas Jonahs Twisters. In contrast, Apple will retain up to 30 percent of the cost of podcast subscriptions under its. So called podcasters can set their own prices. Quoted from Yahoo, Sunday, unlike its rivals, Spotify will not charge fees or cut any membership. wouldn’t be part of this next phase of expansion but ByteDance has said it wants the service to be available globally so that users can discover songs on the short-form video app and then easily subscribe to music, they said.īyteDance is negotiating with a music business that has been on a rapid upswing for several years, thanks to streaming growth as well as the establishment of standard rates for music licensing. Returning guest, Margaret Steele, walks us through much of this. A Wall Street Journal source reported that Spotify will unveil its own paid podcast system next week. ByteDance has discussed in recent months launching its Resso music streaming service, which is currently only available in India, Indonesia and Brazil, in more than a dozen additional markets, according to some of the people. ![]()
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