BBCNEWS The Media Show June 4, 2024 21:54:00
Well, if they're not making money, who can? it's100% not a podcast problem. this is a spotify problem. spotify is not making money. it has never made money. and it has a complicated rights deal with music studios, record labels, artists that has basically bled into its podcast offering, and that they try to use podcast as maybe a way of simplifying that difficult rights relationship. but it hasn't worked. and spotify needs to prove that it's going to be a profitable company in the next few years. otherwise, its investors are going to start to ask a lot, lot more and not more interrogatory ques...