Spotify

• Spotify Has $3.5 Billion On Its Balance Sheet For Growth And Investment
• J.J. Abrams’ Bad Robot Forms Podcast Unit, Inks First-Look Deal With Spotify

  Bad Robot, the illustrious production company formed by filmmaker J.J. Abrams in 2001, is launching an audio division -- and has inked an exclusive, multi-year, first-look pact with Spotify for all forthcoming shows.

  
• Storybooth Animates Teens’ Tales On YouTube. Now It’s Expanding To Spotify.

  The Storybooth Daily podcast will similarly feature real-life stories that give “an intimate look into the issues that affect young people everywhere,” a representative tells Tubefilter.

  
• Spotify Says Podcasts Helped Drive Record $375 Million In Ad Revenue

  Spotify CEO Daniel Ek told investors this figure exceeds the company’s expectations, and that Spotify now predicts around 20% of its revenue will come from ads in 2022.

  
• Spotify Opening Up Video Podcast Creation To Everyone Through Anchor
• Spotify’s New Shopify Integration Lets Artists More Seamlessly Sell Merch
• Karl Jacobs And Sapnap’s New Podcast Knocked ‘The Joe Rogan Experience’ Out Of First Place On Spotify
• Former Paramount+ Exec Julie McNamara Joins Spotify As Head Of U.S. Studios, Video
• Spotify Will Now Lets All U.S. Podcasters Sell Monthly Subscriptions
• Spotify-Owned The Ringer Pins Podcast Partnership With WWE
• Spotify Rolls Out New Radio Host-Esque ‘Music + Talk’ Format To Creators Globally
• Spotify Testing ‘Plus’ Subscription Tier With Unlimited Song Skipping, On-Demand Listening — And Ads