The cuts prove that the company is failing to see the results it had hoped for in the podcast arena — despite pumping billions of dollars into its content.
Joe Rogan slammed by fans for defending Bud Light over Dylan Mulvaney sponsorship: ‘How much is Bud paying him?’
The Swedish streaming giant, which reportedly paid the Duchess of Sussex over $18 million for her “Archetypes” podcast launched last summer, is now having to let a significant number of staffers go due to the error in judgment. “This fundamental pivot from a more uniform proposition will allow us to support the creator community better,” Elhabashi continued.
The cuts prove that the company is failing to see the results it had hoped for in the podcast arena — despite pumping billions of dollars into having Markle and Joe Rogan’s podcasts on its platform.
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