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Re:Spotify will reduce total headcount by 17% across the com... by jzb on Monday December 04, 2023 @10:54AM (#38518781)
If they produce the podcast they don't have to pay royalties + they've aimed for exclusivity with them. They aren't going to have exclusivity with most music, so podcasts are an opportunity to bring in a new audience and lock them in.

That's, AIUI, the theory. Whether it works in practice is another story.

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