Spotify hypes the revenue potential of podcasts and audiobooks at its second Investor Day event

In its second Investor Day, streaming service Spotify updated the financial community about its potential for further growth and monetization, despite the overall economic downturn impacting the tech sector. The company spent a good portion of its presentation specifically focused on podcasts, which it said had been “largely unchanged” for years before its entry into the market, due to the limitations of RSS.
Spotify cited how unbundling podcasts from RSS technology has paved the way for Spotify to generate revenue through these popular audio programs — a sentiment that’

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