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April 21, 2021 01:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/RjH8JK3-tAo/apple-will-let-podcasters-sell-subscriptions-and-keep-a-cut-for-itself
Apple Will Let Podcasters Sell Subscriptions and Keep a Cut For Itself
An anonymous reader quotes a report from Vox: The company plans to start selling subscriptions to podcasts and keeping a slice of each transaction for itself. Apple CEO Tim Cook briefly mentioned plans to roll out a subscription feature during the company's keynote event Tuesday, without offering more details. But a person familiar with Apple's plans has spelled it out to Recode: - Starting next month, Apple will let podcast publishers sell subscriptions to individual shows or groups of shows, and set their own pricing, starting at 49 cents a month in the US. - Apple won't require podcasters to create Apple-only exclusive shows, but it does want them to distinguish between stuff they're already distributing via Apple and stuff going up on other platforms: That could mean ad-free shows or shows with extra content or brand-new shows that only exist on Apple. - Apple will keep 30 percent of any subscription revenue creators generate in their first year on the platform. After that, Apple's cut will drop to 15 percent. That's the same pricing scheme Apple already uses for other subscription services, like TV streamers.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/RjH8JK3-tAo/apple-will-let-podcasters-sell-subscriptions-and-keep-a-cut-for-itself
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