Spotify cracks down on white noise podcasters that reportedly cost company $38M a year in profit

  • 📰 nypost
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 67%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

As of October 1, white noise podcasters will be ineligible to earn money through Spotify’s “Ambassador Ads” program.

, citing a source with knowledge of the matter. The program pays podcast hosts to read ads for Spotify during their shows.

Additionally, the Ambassador Ads program was meant to provide support for traditional podcasts rather than white noise shows, which have little to no verbal content. The company eventually decided not to follow through with the move, even after an internal probe determined it would boost gross profits by $38 million.While they’ve lost some advertising support from Spotify, white noise podcasters are still allowed to operate on the platform and can earn money from subscribers, listener support and automated ads, the report said.

At the same time, Spotify signaled it would allow more podcast hosts to be eligible for its automated ads program and will enact a 50-50 revenue split.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 91. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google Announces October 4th Phone Launch EventGoogle's 'Made by Google' event will take place in New York City, where the company is expected to share its upgrades to its smartphone and wearables.
Source: Gizmodo - 🏆 556. / 51 Read more »