Spotify to bin around 600 jobs
This article is at least a year old
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Spotify has announced that almost 600 people (6%) will be laid off. It’s unclear which locations or divisions are affected. Daniel Ek announced in a memo that Chief Content Officer Dawn Ostroff is to leave the company; “Alex [Norström] will take on the responsibility for the content, advertising and licensing work going forward”.
- We also note that Spotify’s careers website has removed all open positions, except for internships.
- For more on the garbage truck, see below.
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Buzzsprout has announced a podcast subscriptions tool. You can choose from recurring support, or premium content only available to your supporters; the company takes a fee of 15%. The Podnews Weekly Review has added the opportunity to become a PoWeR supporter if you’d like to see it at work.
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The top spender in podcast advertising last month was Betterhelp, who spent an estimated $9.1m according to new data from Magellan AI. JP Morgan Chase, a US bank, was the biggest new spender, spending $1.3m.
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New podcast app Fountain and payment provider Zebedee have announced a partnership to enable pay-per-minute streaming for podcasts. Podcasters can earn money as listeners pay what they want to listen to shows. You can top up using Apple Pay, Google Pay, or a credit card (and support Podnews Daily that way).
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Media company Global has published a report into news podcasting. It promises to explain “why news podcasts are proving so popular, how they stack up against other news formats, and the best way to ensure success with a podcast ad campaign”.
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Transom is wanting to feature one-off, short passion projects. Producers will get a fee, distribution and editorial support; and retain the rights to their work. You’ve until Feb 24 to apply.
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Larry Wilmore, a comedian and host of Black on the Air, is to host the 2023 Podcast Academy Awards.
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Former NY Governor Andrew Cuomo has launched a podcast company. Quake Media will reportedly rely on Apple Podcasts subscriptions for revenue, not advertising.
Thank you to Meggan Ellingboe and to Kerry Donahue who became our latest personal supporters over the weekend. Our personal supporters mean we can be more independent in our coverage: we’re very grateful to you. Here’s our Patreon.
Tips and tricks - with Podcast Movement Evolutions
- Want to choose a podcast host? Thinking of changing? Want to help a friend? We’ve got lots of recommendations for you.
Moves and hires
- Podcast industry veteran Jay Green has joined Soundrise as Senior Vice President of Strategy & Operations.. He was at Audacy’s Cadence13. Lovlyn Corbett moves from Kantar to become the new Director of National Accounts.
- Brittany Bernardo has been named as Senior Director of Revenue and Sales Strategy at True Native Media. She was Director of Podcast Sales at iHeartPodcast Network.
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Podcast News - with editaudio
Companies mentioned above:
Apple
Podcast data for Jan 24
#1 in Apple Podcasts
Suspect (Wondery | Campside)
Huberman Lab (Scicomm Media)
#1 in Spotify
The Joe Rogan Experience (Joe Rogan)
The Joe Rogan Experience (Joe Rogan)
Over the last week, 208,476 podcasts published at least one new episode (up 2.3%). source