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Damn clickbait…
I know very little about the podcast industry:
I know that there are a lot of interesting podcasts about almost any subject.
I know Pateron is often used in the industry to get donations.
I know that the production of a podcast require good microphones and editing.
This is the extent of my kowledge of the poscasting industry, I had no idea that there are absolutely no interesting podcasts on any subject., the lack of Pateron use surprise me, it seems like that would be one of the first things to start earning money, and finally, I had no idea that you can use any low quallity microphone and just improve the quallity in post, and speaking of post, editing is apparantly not a thing either.
Wow that title taught me a lot!
Yeah, terrible title. I thought I was gonna learn something interesting about how podcasts are made, but nope. The whole article could just be “Spotify had layoffs but that doesn’t mean podcasting is dead.”
This seems to be mostly about Spotify, which, who gives a fuck? I knew it was a mistake from the start, too much greed without any care for the actual product. Good riddance.
Wish they hadn’t killed my favorite podcast though, that sucks. But I already got over it when they were bought and went exclusive.
I only really listen to podcasts on Apple Podcasts, simply because it is the easiest way for me to do it with an iPhone.
This is the best summary I could come up with:
Spotify laid off 17% of the company — its third round of layoffs this year — and canceled two highly acclaimed shows, including a winner of the Pulitzer Prize for audio reporting.
In 2021, a year that saw venture capital flowing like champagne at a Gatsby party, Spotify CEO Daniel Ek told Forbes that he wanted his company to be like the Instagram or TikTok of audio.
In the last handful of years, we watched as Spotify acquired too many podcasting companies to count — Gimlet, The Ringer, Anchor, Parcast, Megaphone — and then courted big names from Joe Rogan, to Alex Cooper, to Prince Harry with eight- and nine-figure deals.
The company dumped over a billion dollars into its efforts to corner podcasting but now has canceled over a dozen shows from the studios it spent so many hundreds of millions to acquire, like Parcast and Gimlet, which have since been combined into one entity and decimated.
“Spotify told show teams that their podcasts were being canceled because of low numbers,” said a joint statement by the Gimlet and Parcast unions, posted after a round of layoffs in October 2022.
This “maximum growth” mindset has poisoned venture-backed digital media companies like Buzzfeed, which descended from a shining star to an IPO embarrassment.
The original article contains 911 words, the summary contains 213 words. Saved 77%. I’m a bot and I’m open source!
But what if I already knew it was a lie.
