
Podcasting Q2 Earnings, Spotify x Patreon, and more.
Sounds Profitable
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The Big Names in Podcasting Have Good Numbers
IHeartMedia, Spotify and Acast all reported quarterly revenue growth between 12 and 31% year over year in their podcast businesses. NPR's podcast ad revenue was predicted to decrease by nearly $30 million back in Q1 earnings calls, but podcast audience numbers are coming back higher year over year. The Atlantic cut smaller soccer club podcasts to focus resources on their existing flagship shows.
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