Audio Industry News

Spotify shuts down live audio feature after failed experiment.

Spotify Live, the live audio app, is shutting down as the post-pandemic era has not been kind to live audio. The number of monthly active users on Clubhouse has dropped by 82%, and companies that followed in its footsteps have largely abandoned their pursuits. The Obamas' Higher Ground has signed a separate deal with Acast, which will distribute their podcasts across other platforms. iHeart has signed On Purpose with Jay Shetty, a megahit wellness podcast.