Spotify’s transformed podcast business may actually be profitable this year

/ Investors are thrilled. The podcast industry, less so.

By Ariel Shapiro, lead reporter of Hot Pod, a newsletter covering podcasting and the audio industry. She previously worked at Forbes, where she covered media and entertainment.

Image: The Verge

This is Hot Pod, The Verge’s newsletter about podcasting and the audio industry. Sign up here for more.

After last week’s big deal announcements, Spotify reported its fourth quarter earnings. The company is still operating at a loss, but the margins on podcasting do seem to actually be improving. I have more on that below, plus what it cost for the company to get there. Oh, and still no HiFi.

Plus, I’ve got some more Hot

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