Podcast Companies Face Layoffs, Budget Cuts and Scuttled Deals

Although many companies continue to invest in podcasts, and overall downloads continue to rise, interviews with a dozen current and former podcast producers and executives indicated increased reluctance among publishers to fund projects with no obvious path to short-term profitability. Short-run or seasonal narrative podcasts, which have a limited window to build audiences and attract advertisers, are under especially sharp scrutiny.

Source: Podcast companies face layoffs, budget cuts, scuttled deals

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