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Spotify news of the day
Spotify news of the day













spotify news of the day

See also: Spotify Plans to Combat Hate Speech With Kinzen Purchase Tech Crunch reported that the podcasts include “How to Save a Planet,” “Crime Show,” and “Every Little Thing,” on Gimlet, along with “Medical Murders,” “Female Criminals,” “Crimes of Passion,” “Dictator,” “Mythology,” “Haunted Places” and “Urban Legends" on Parcast.Īnother podcast, "Horoscope Today," is set to leave Spotify next year, the report said, noting that this is the first case of group cancellations by the company.

spotify news of the day

"This is similar to how renewals/cancellations work in other mediums such as television." "As we have several hundred current shows at any given time, extensions and cancellations are common and largely driven by which shows are connecting with audiences," the spokesperson said. Some staff will be reassigned to other podcasts, the report said.Ī spokesperson for Spotify told PYMNTS the company does not comment on staffing issues but confirmed that 11 podcasts would "wrap up" over the next few months. 6), the decision will affect the studios Parcast and Gimlet, according to a source with knowledge of the matter. But the company now seems to be in a period of retrenchment.Spotify is canceling 11 of its original podcasts a move that will reportedly lead the streaming audio platform to lay off less than 5% of its staff in that category.Īs Tech Crunch reported Thursday (Oct. The music streaming giant has made a big push into podcasting in recent years, acquiring studios and launching new shows. “The strongest indication these employees received that their shows were not meeting Spotify’s goals was when they were laid off yesterday.” “Shows languished without marketing support, and teams were not given clear audience goals to meet,” the union representatives wrote. Union representatives at the company’s Parcast and Gimlet Media studios issued a joint statement in response on Friday saying each had 30% of their members let go. About 38 people lost their jobs in total. Some of their programs had lost up to 75% of their listeners after going exclusive, the employees said, and Spotify management didn’t do enough to stop the decline. Spotify said Thursday that it was ending 11 podcasts and terminating employees. Union members at two of Spotify Technology SA’s podcast studios said a decision by the company to put their shows exclusively on its own streaming service led to a drop in listeners, and a subsequent decision to cancel programs and fire workers.















Spotify news of the day