Spotify

• Spotify just acquired a company that can make anyone say anything
• Spotify says podcasts will generate more profit than music. But for now, they’re losing money.

  During its 2022 Investor Day event, the streamer said that last year, the podcast side of its business had a negative gross margin of -57%--meaning it spent 57% more on podcasts than it made from them.

  
• Spotify’s investing $100,000 in African podcasters

  To mark Africa Day, which commemorates the 1963 founding of the Organisation of African Unity, Spotify announced its latest batch of creator grants will go to 10 as-yet-unselected, Africa-based podcasters.

  
• Spotify has launched its own island in Roblox. Will it launch a metaverse concert series?

  Spotify Island, a new metaverse destination inside of Roblox, will be a spot where the audio streaming service's users can grab K-pop merch.

  
• TikTok star Ari Elkins is building playlists on Spotify Live. Then he’s releasing them through a new podcast.
• Spotify’s letting creators self-publish (and self-monetize) their video podcasts
• Spotify just bought two companies to give podcast advertisers more insights
• Spotify’s CEO Says Joe Rogan’s Podcast Has Been Vital To Its Growth. Also, Its Stock Dropped 16% This Week.
• Spotify, Joe Rogan Respond To Mounting Uproar Over Vaccine Misinformation
• CoComelon Is Getting into Podcasts
• Spotify Shutters Internal Podcast Studio, Laying Off And Reassigning Staffers
• Spotify Said It Would Introduce CD-Quality Streaming In 2021. Now Users Want To Know What The Holdup Is.