Are white noise podcasters messing with Spotify's business model?
CBC Arts | Posted: September 6, 2023 6:35 PM | Last Updated: September 6, 2023
Ashley Carman explains why the tech giant may not have seen the industry-disrupting trend coming
When Spotify decided to invest heavily in podcasting, it may not have anticipated that by doing so, it was inadvertently creating a huge — and expensive — headache.
Bloomberg reporter Ashley Carman sits down with host Elamin Abdelmahmoud to explain how white noise podcasters have cut into Spotify's annual profits by $38 million dollars — and what the platform is doing about it.
You can listen to the full discussion from today's show on CBC Listen or on our podcast, Commotion with Elamin Abdelmahmoud, available wherever you get your podcasts.
Interview with Ashley Carman produced by Jean Kim.