Spotify is laying off 200 employees from its podcasting unit, amounting to 2% of the audio streaming company's global workforce.
Spotify Technology SA plans to lay off about 200 employees, or roughly 2% of its workforce, as it shifts its strategy around podcasts.

Spotify to cut 200 staff working with podcasts

10:01am, Monday, 05'th Jun 2023
Swedish music streaming giant Spotify said Monday it will cut some 200 positions, equalling two percent of its workforce, as it slims down its internal podcast operations.
New AI tools could revolutionize digital consumer services this decade. Match Group and Spotify are both poised to take advantage of these innovations.

Spotify will cut 200 jobs in its podcast unit

08:52am, Monday, 05'th Jun 2023
Just a few months after announcing a significant wave of layoffs, Spotify plans to conduct another round of layoffs. This time, the job cuts will affect the podcast division as part of a corporate reo
The streaming company said the layoffs were part of a pivot towards a more tailored partnership approach with podcast creators.
Spotify is adding a lot of new listeners, especially young people in emerging markets. There's plenty of room to improve monetization with price hikes and advertising.
AI could do ad reads in the near future.
With Spotify's AI DJ, the company trained an AI on a real person's voice — that of its head of Cultural Partnerships and podcast host, Xavier “X” Jernigan. Now, the streamer may turn that same t
Bill Simmons, founder of The Ringer, hinted at Spotify's future AI plans. He said that the streaming service is working on technology for AI-generated ads.
Since 2016, Bumble members could link their Spotify account to their profile. Now, the dating app is enhancing the integration.
Spotify is launching its AI feature called “DJ” for premium customers in the U.K. and Ireland. The feature is aimed at music discovery and it plays curated music with AI-powered commentary in Engl
DOVER, Del. — A Delaware judge has dismissed a shareholder lawsuit against financial technology company Block Inc. over its 2021 acquisition of majority ownership in Tidal, the music streaming servi

New Media vs. Old Media: Winners & Losers

04:51pm, Tuesday, 02'nd May 2023
Mainstream Media “Shake-Ups” Gain Momentum
Spotify and Findaway announced today that Findaway Voices, an audiobook distributor for independent authors, is eliminating its 20% distribution fee for audiobooks purchased on Spotify. The streaming
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