WSJ: Spotify spent over $1 Billion on podcasts. Its not working

[the elastic]

 

[ThaBoyBam]

Dumbest business move ever.

And they threw 4 mill at Trevor Noah?

They could have spent way less than that by giving non-celebs with a following to fill roster spots. Status not gonna carry a podcast. Especially in an over saturated genre.

They would have been better off buying Wondery but Amazon beat them to the punch. There shows tells stories mostly. I’ve listed to some multiple times, especially Business Wars. Politic talk has a short shelf life.

 

[☑︎#VoteDemocrat]

Dumbest business move ever.

And they threw 4 mill at Trevor Noah?

They could have spent way less than that by giving non-celebs with a following to fill roster spots. Status not gonna carry a podcast. Especially in an over saturated genre.

They would have been better off buying Wondery but Amazon beat them to the punch. There shows tells stories mostly. I’ve listed to some multiple times, especially Business Wars. Politic talk has a short shelf life.

for a fukking profit share on an untested non-existent project

What a fukkin L

They're just lighting cash on fire over there

 

[ThaBoyBam]

for a fukking profit share on an untested non-existent project

What a fukkin L

They're just lighting cash on fire over there

No way someone who actually listens to podcast would make that decision.

Trevor Noah got the GOAT agent.

 

[Blessed Koala]

Almost as if we just want to listen to music and not what the fukk some talking head got to say about shyt that doesn't concern me

 

[⠀X ⠀]

I listen to podcasts on YouTube. It’s just the most convenient place.

 

[Jatigi]

Surely they just need more hoe babble and dating podcasts.

 

[Ineedmoney504]

people getting tired of all the babble

be it bird, passport bro, conspiracy theory or otherwise.

Think Spotify was spending money on them kinda pods brehs lol. They was actually foolishly spending money on non podcaster to start a pod. And all those shyts flipped. They betting on your celebrity would bring people in, but that didn’t work.

Joe rogan pod has a constant base cause he’s a podcaster, Michelle Obama who is not a podcaster getting a bag from Spotify to start a pod was stupid and it failed

 

[RichYung]

Streamers and the multiple platforms to broadcast live on, soared over podcasts…. Not to mention the folks that IRL stream…. Other shyt came up to take ears/eyes.

 

[beaniemac]

I don't really understand the podcast business model. They all have ads and I FF them all

 

[JamesJabdi]

I been listening to diffrent type of podcasts since 2014.....thst shyt gets old Quick especially if the draw for the show is the hosts personality.....at one point you just go..." who does this guy think he is ".

Also most of that shyt has no replay value....the fukk was Spotify thinking when the made a deal with kim kardashian

 

[Caca-faat]

I love podcasts and only listen to them on Spotify unless there is a visual element such as animation or reaction.

 

[BlackJesus]

Almost as if we just want to listen to music and not what the fukk some talking head got to say about shyt that doesn't concern me

Or worse babble for hours on some inane topic like so many podcasts

 

[Umoja]

These articles or the directors of these companies are stupid.

You can expect numbers that existed during to covid to carry through when people no longer need to fill the time. I'd expect competent directors to make their investments based on this understanding.

 

[Cobalt Sire]

I've enjoyed many a podcast, or youtube commentary show. Throw it on in the background.