fbpx

January 25, 2022Blog Posts

Stripe and Spotify partner to help creators easily monetize subscription content

Stripe

Stripe, a global technology company that builds economic infrastructure for the internet, has partnered with Spotify to help podcasters accept payments, launch recurring revenue streams, and deepen their connection with fans.

Spotify’s mission is to unlock the power of human creativity—by giving a million creative artists the opportunity to live off their art and billions of fans the opportunity to enjoy and be inspired by it. As the world’s most popular audio streaming service, Spotify recently launched Podcast Subscriptions, a service that allows podcasters to offer paid monthly content.

Stripe’s own analysis shows that creators on just 50 Stripe-powered platforms have earned nearly $10 billion in revenue, while the popularity of longform storytelling has skyrocketed.

Michael Mignano, Global Head of Talk Verticals, Spotify, said: “Spotify Podcast Subscriptions make it easy for creators to establish and manage an important new revenue stream and for listeners to seamlessly subscribe to content that they enjoy. Stripe shared our passion for this feature; their technology and ability to collaborate at speed helped enable the launch of Podcast Subscriptions in 2021, connecting creators and listeners across the world.”

Spotify and Stripe

Source

  • Share this post: