Spotify Launches Paid Podcasts Through New Anchor Feature

Spotify today is officially rolling out paid podcast subscriptions. Through Spotify’s podcast creation tool Anchor, podcasters will be able to mark select episodes as subscriber-only content, then publish them to Spotify and other platforms. The service was initially tested with a dozen independent creators, and is now expanding to creators who had previously registered for the waitlist.

For the time being, Spotify is only opening up paid subscriptions to creators in the U.S., but it aims to expand internationally in the months ahead, it says.

Spotify, says its program will come at no cost to creators for the next two years, which means creators will keep 100% of revenues. Then, in spring 2023, Spotify plans to introduce only a 5% fee for access to the tool.