Image

Spotify cancels 2 high-profile podcasts, including to a listing of cutbacks that additionally contains its third spherical of job cuts this yr

Spotify Expertise is canceling two critically acclaimed podcasts, Heavyweight and Stolen, a part of its retreat from in-house productions.

Each will full their present seasons, the corporate stated Monday. The producers shall be free to buy the reveals afterward.

“We are extremely proud of the teams who have supported these talented storytellers,” Spotify stated in a press release. “We will work with the show creators to ensure a smooth transition for wherever these series go next.”

Each reveals got here out of Spotify’s Gimlet Media studio, which regularly centered on restricted collection. Heavyweight, hosted by Jonathan Goldstein, helps visitors relieve themselves of emotional burdens, whereas Stolen, hosted by Connie Walker, has instructed tales centered on Indigenous individuals over two seasons.

Each reveals acquired vital acclaim. Stolen’s most up-to-date season about Canada’s residential colleges for Indigenous individuals gained a Pulitzer Prize and a Peabody Award. Heavyweight, which premiered its most up-to-date season in October, was simply listed as a greatest podcast of 2023 by the New York Instances.

The cancellations coincide with jobs cuts at Spotify Monday that eradicated 17% of the streaming firm’s employees, or round 1,500 individuals. Spotify has undertaken a number of rounds of job cuts since October 2022. 

Spotify is narrowing its focus to licensed reveals that run year-round, like The Joe Rogan Expertise and Something Goes With Emma Chamberlain. It has broadly backed away from podcasting after spending greater than $1 billion to stake out a declare within the house. 

Subscribe to the Eye on AI publication to remain abreast of how AI is shaping the way forward for enterprise. Sign up without cost.

SHARE THIS POST