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  Live audio experiences will be adopted by every major platform just like Stories have been, Spotify CEO Daniel Ek told investors on Wednesday’s earnings call. The streaming service recently  acquired  a live audio app, Locker Room, whose technology it expects to use to power a range of new live audio conversations centered around sports, culture and, of course, music. Investors were curious how exactly Locker Room would fit in with Spotify’s current offerings, given the streamer today is focused on delivering recorded content — music and podcasts — and not some sort of live social networking experience. Ek, mirroring what many in the industry have already been thinking, said he sees live audio as a new set of capabilities that will be broadly adopted by all. He basically dubbed it the next “Stories” — a feature popularized by Snapchat, but that eventually made its way to every platform. “It’s really no different than how you think about Stories,” Ek said, explaini...

  Audio streaming service Spotify to launch podcast subscription service soon!! Audio streaming application  Spotify  is soon going to launch its  podcast  subscription service. The platform would be competing with Apple's newly announced  podcast  subscription service but it will not charge a fee or take a membership cut like its rival. As per Variety, the company will be letting content creators keep 100 per cent of the subscription fees. As per sources,  Spotify  will not take a cut of  podcast  subscription revenue. By contrast, Apple will keep up to 30 per cent of podcast subscription fees under its program, which is launching next month. Most creator platforms, including YouTube, Twitch, Facebook and Patreon, also take a cut of subscription fees and/or fan payments. Currently,  Spotify  doesn't allow customers to pay for subscriptions through Apple in-app purchases -- and Spotify has been a very vocal crit...