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That is Sizzling Pod, The Verge’s e-newsletter about podcasting and the audio business. Sign up here for extra.
A lot for the vacation weekend — it’s a busy week already! We’ve received one other main shake-up at Spotify and a bitter cancellation at WNYC. Plus, Sizzling Pod Summit is that this Thursday! Let’s get into it.
Max Cutler is leaving Spotify
Spotify’s podcasting previous guard is dwindling. Simply because the mud was starting to choose Dawn Ostroff’s departure, Spotify’s podcast vertical takes one other hit. Max Cutler, who has been with the corporate for nearly 4 years and was instrumental in constructing its podcast enterprise, instructed staffers on Tuesday that he might be leaving, as nicely.
Cutler based horror and true crime podcast studio Parcast earlier than Spotify purchased the corporate in 2019 for $55 million. After managing Parcast for Spotify, Cutler moved up the ranks to steer new content material initiatives and final yr was promoted to move of discuss creator content material and partnerships. In response to an inside memo considered by Sizzling Pod, Cutler plans to launch a brand new enterprise.
The podcasting vertical at Spotify has already gone by means of a significant restructure
“With the normal media business ripe for disruption, I’m excited to tackle this new problem and drive innovation ahead,” Cutler stated within the memo. “I’m deeply grateful to Daniel, Alex, and Sahar for his or her unwavering help of my resolution to return to my entrepreneurial roots as I embark on this subsequent chapter.”
The podcasting vertical at Spotify has already gone by means of a significant restructure, and it’s poised to take action as soon as extra. With Ostroff leaving because the chief of content material and promoting enterprise, former head of content material Sahar Elhabashi has taken her place. However in contrast to Ostroff, who spent lots of of thousands and thousands of {dollars} on exclusives and originals like The Joe Rogan Expertise and Batman Unburied, Elhabashi is not going to report on to Spotify CEO Daniel Ek. Alex Norström, chief enterprise officer, now has oversight of the entire podcasting enterprise.
As soon as Cutler leaves in Could, his tasks might be distributed. In response to Spotify spokesperson Rosa Oh, head of discuss studios Julie McNamara will tackle licensed exclusives that includes the streamer’s prime expertise like Alex Cooper and Emma Chamberlain. The Ringer founder Invoice Simmons was tasked final yr with overseeing the corporate’s international sports activities technique; he’ll now report as much as Elhabashi and work with Lee Brown, the chief of Spotify’s international advertisements enterprise and platform, to develop podcast monetization throughout the board. Bryan Thoensen, who got here to Spotify final fall from TikTok to steer third-party content material partnerships, might be increasing his crew. Oh says that there might be no layoffs related to Cutler’s departure.
As multiyear contracts have run up, lots of the founders and executives who got here to Spotify throughout its podcast spending spree a number of years in the past have opted to depart. Along with Cutler and Ostroff, Gimlet co-founder Alex Blumberg quietly departed within the fall, across the similar time his studio skilled layoffs and cancellations (together with his personal present, How To Save a Planet). Former Gimlet managing director Lydia Polgreen left final summer season, as did longtime podcast dealmaker Courtney Holt. Anchor co-founder Michael Mignano departed last June, although his co-founder Nir Zicherman has stayed on to steer audiobooks.
WNYC and PRX cancel The Takeaway
WNYC and PRX is not going to renew joint every day present The Takeaway when it wraps in June, citing monetary hassle and low syndication charges. The information broke on Friday when host Melissa Harris-Perry shared details of the cancellation on Twitter.
The Takeaway has gone by means of a number of iterations since longtime host John Hockenberry left in 2017 amid a flurry of sexual harassment allegations. Tanzina Vega changed him and served as host till 2021 when she left following a sequence of complaints that she had berated staff members. Harris-Perry, who had beforehand been a number on MSNBC, took over in 2021.
WNYC’s chief content material officer, Andrew Golis, and senior vice chairman Kenya Younger knowledgeable staffers of the choice final week. “Regardless of the present’s excellence, it has seen declines in viewers and station carriage,” they stated in a memo. “Mixed with the present’s pre-existing monetary deficits, and the income headwinds we — like all media organizations — face on this present local weather, this led us to the choice with PRX to wind down the present on the finish of this contract.”
In response to New York Public Radio spokeswoman Jennifer Houlihan Roussel, the present’s station carriage has decreased by 13 p.c in recent times. The present will finish on June 2nd, and employees might be paid by means of the tip of June.
Harris-Perry was deeply sad in regards to the resolution and was open about her disappointment on social media. “Budgets are ethical paperwork. People, households, municipalities, organizations have restricted assets. How these assets are allotted is a transparent indication of what’s valued, particularly when assets are most restricted,” she tweeted Tuesday. “@WNYC execs don’t worth @TheTakeaway.”
Sizzling Pod Summit & On Air Fest are this week
Sizzling Pod Summit is that this Thursday! We now have a killer lineup that includes audio system from YouTube, Spotify, and iHeartMedia, plus a dwell podcast recording of Decoder. For these not attending, I’ll have a full recap for you in subsequent week’s e-newsletter.
A giant because of AdsWizz and Subtext for supporting Sizzling Pod Summit. AdsWizz is a self-serve promoting platform for creating and working audio advertisements. Subtext is a textual content messaging platform designed to attach creators straight with their subscribers.
Sizzling Pod Summit is held in partnership with On Air Fest and our companions at work x work. This yr’s On Air Fest brings top-tier expertise to the MainStage and introduces a Podcast Penthouse for dwell podcast tapings and, for the primary time ever, a first-of-its-kind fan-forward exhibition.
That’s all for now! I’ll be again subsequent week with highlights from Sizzling Pod Summit.
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