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Podnews Weekly Review
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Spotify's Podcasts Are Losing Money
Spotify's podcasts have been losing money. The company lost $110 million or if you prefer it better that way, 110 million pounds last year. CNN has made a number of its podcast staff redundant. Vox Media laying off 39 people,. Patreon laying off 80 people and so on and so forth. Do you think these shows will go standalone and come back out on their own? Or do you think any of the other players like Amazon, Acre, Stappell will snap them up, James?
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