Podcasts

• Podimo Raises $78 Million To Bring In New Podcasts And Up Creator Payouts
• Spotify Has $3.5 Billion On Its Balance Sheet For Growth And Investment

  Spotify CFO Paul Vogel said the audio streaming service has $3.5 billion cash on its balance sheet that can be used for growth and expansion—particularly in the podcast space.

  
• 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
• YouTube Has Hired Its First Podcast Executive (Report)
• Karl Jacobs And Sapnap’s New Podcast Knocked ‘The Joe Rogan Experience’ Out Of First Place On Spotify
• YouTube’s First Original Podcast Will Track “The Rise Of The Creator Economy”
• Vox Acquires Podcast Newsletter ‘Hot Pod,’ Will Charge $7/Month To Read It
• Tana Mongeau To Launch ‘Cancelled’ Podcast, Teases Boxing Foray, Food And Alcohol Ventures, More
• Amazon Acquires Podcast Hosting And Ad Sales Company Art19
• Spotify Acquires Podcast Preview-Generating Startup Podz