Spotify Unveils New Revenue-Sharing Model for Video Creators
Spotify will start paying video podcast creators based on engagement, aiming to rival YouTube's dominance in the video space.
- Spotify's new Partner Program will launch in January 2025, allowing creators to earn revenue from both ad-supported and subscription-based streams.
- Creators in the US, UK, Canada, and Australia can qualify by meeting specific streaming and content criteria, including 10,000 streamed hours and 2,000 unique users in 30 days.
- Spotify Premium subscribers will enjoy ad-free video podcasts, enhancing the viewing experience and potentially increasing video consumption.
- Rebranded as Spotify for Creators, the platform offers enhanced analytics, monetization options, and tools for promoting content through short-form clips.
- With over 300,000 video podcasts and growing user engagement, Spotify's video strategy aims to compete directly with YouTube's established market.