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Twilio's Layoffs, Spotify's Strategy

Motley Fool Money

Podcasts - The Biggest Success for Original Podcasts

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Spotify bought Gimlet, which was supposed to be a home for high-end podcasts or audio documentaries. The real struggle from an acquisition perspective is that Gimlet really didn't produce any new hits and I think was in a lot of ways sort of a sign of how hard it was to break through with new shows. Some of the acquisitions, look, the Ringer was a good deal. That's Bill Simmons' podcast is still very popular.

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