Spotify is pulling 11 unique podcasts from the platform, which is able to impression studios Parcast and Gimlet and contain lower than 5% layoffs, a supply conversant in the matter confirmed to TechCrunch. Spotify will even reassign some employees to different podcasts, we perceive.
Reached for remark, Spotify stated it doesn’t remark publicly on staffing adjustments.
Over the following couple of months, podcasts leaving the platform embrace Gimlet’s “Tips on how to Save a Planet,” “Crime Present,” “Each Little Factor,” in addition to Parcast’s “Medical Murders,” “Feminine Criminals,” “Crimes of Ardour,” “Dictator,” “Mythology,” “Haunted Locations” and “City Legends.”
Within the second quarter of 2023, Spotify will even say goodbye to “Horoscope At the moment.”
That is the primary time Spotify has made a gaggle cancellation of podcasts. The transfer was doubtless made to assist strengthen its slate of unique and unique (O&E) podcasts, which embrace hit exhibits “Batman Unburied,” “Name Her Daddy” and the newly launched Kim Kardashian’s “The System: The Case of Kevin Keith.”
Much like cancellations within the TV trade, Spotify seems to be hunting down the duds. This might make room for the a number of upcoming O&E (unique and unique) titles that the corporate intends to announce within the weeks and months forward, we hear.
Total, the music streaming platform has a complete of 500+ O&E podcasts produced throughout its 4 in-house studios, Spotify Studios, The Ringer, Parcast and Gimlet.
The cancellations didn’t impression Spotify Studios and The Ringer.
Final month, Spotify launched over 300,000 audiobooks, a brand new function that places the corporate in direct competitors with prime audiobook suppliers Audible, Audiobooks, Google and Nook, amongst others.