When podcast app Luminary announced its subscription model and tweeted an image of a bunny with a sign saying “Podcasts don’t need ads,” it faced something of a backlash. The platform will exclusively host some original shows, but it will not have some very popular shows available. Luminary CEO and co-founder Matt Sacks sat down with The Verge to explain what happened, and what’s next for his firm.
What the $100 million venture-backed podcasting company was trying to communicate, Sacks says, is that podcast listeners should have a choice: pay for subscription-based shows without ads or listen to podcasts for free but deal with ads as a price. “We really do feel like what we’re introducing is choice and optionality and trying to help elevate premium and paid podcasting, which would be good for creators and listeners, as well,” he says.
Check It Out: Luminary and the Backlash Against Paid Podcast Subscriptions
