When podcast network QCode added the “Tooth and Claw” podcast to its network in August, it came with a membership program the podcast had built on Patreon called the “Griz Club.” QCode has a channel subscription that offers ad-free listening and bonus episodes for $3.99 a month or $28.99 a year, but added a separate Griz Club subscription on the Apple Podcasts app. However, as much as that compatibility can enhance the allure for people to pay for a show-level subscription, the platforms handle these subscriptions by siloing the shows, which can come at the cost of people discovering a company’s broader podcast portfolio. Price Action: SPOT shares closed higher by 0.93% at $92.25 on Thursday.Apple and Spotify both support show-level subscriptions, which give podcasters the ability to offer bonus content or entire shows for a fee.Employees questioned why Google is "nickel-and-diming employees" by cutting travel and swag budgets despite record profits and substantial cash reserves as it did after the pandemic.In September, Alphabet Inc GOOG GOOGL chief Sundar Pichai juggled tough questions from employees regarding cuts to travel and entertainment budgets, managing productivity, and potential layoffs.The report noted that Spotify appears to be weeding out the duds, possibly making room for the several upcoming O&E titles the company intends to announce in the weeks and months ahead.The move will likely help strengthen its slate of original and exclusive (O&E) podcasts.Liliana Kim will become the new MD of Parcast. Nicole Beemsterboer will become Gimlet's new managing director, as per an internal note.In the second quarter of 2023, Spotify will remove "Horoscope Today.".Over the next couple of months, podcasts leaving the platform include Gimlet's "How to Save a Planet," "Crime Show," "Every Little Thing," as well as Parcast's "Medical Murders," "Female Criminals," "Crimes of Passion," "Dictator," "Mythology," "Haunted Places" and "Urban Legends.".Spotify will also reassign some staff to other podcasts.It will impact studios Parcast and Gimlet and involve less than 5% layoffs from Spotify's podcast staff, TechCrunch reports.SPOT pulled 11 original podcasts from the platform.
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