Spotify’s $1 Billion Bet on Podcasts Yet to Pay Off
Podcast: WSJ What’s NewsPublished On: Tue Sep 05 2023
Description: P.M. Edition for Sept 5. Spotify has spent more than $1 billion to build a podcasting empire. But people familiar with the matter say the big bet has yet to pay off. Music industry reporter Anne Steele explains. Plus, chip designer Arm targets more than $52 billion in its highly-anticipated IPO. M&A reporter Ben Dummett has the details. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
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