In recent news, Spotify has laid off 17% of its workforce and canceled two popular shows, including one that won a Pulitzer Prize. However, this doesn’t mean that the podcast industry as a whole is failing. While Spotify’s decisions and failures have had a significant impact on the industry, there are still many podcast creators who are thriving and making a living. It’s important to remember that Spotify is not the only player in the podcasting world. Despite the setbacks and controversies, podcasting is far from dead. In fact, smaller, worker-owned media outlets are emerging and adopting sustainable models that prioritize the well-being and success of podcasters.
https://techcrunch.com/2023/12/07/spotify-layoffs-podcast-industry-fallout/