Spotify says it had "close to" $215M in podcast revenue in 2021 and is still in "investment mode"; Spotify has spent about $1B for its podcast expansion (J. Clara Chan/Hollywood Reporter)

J. Clara Chan / Hollywood Reporter:
Spotify says it had “close to” $215M in podcast revenue in 2021 and is still in “investment mode”; Spotify has spent about $1B for its podcast expansion  —  The audio giant, which has spent $1 billion on podcasts, says it is still in “investment mode.”

from Techmeme https://ift.tt/Lh2nGP4