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Spotify acquires another company to further improve podcasts discovery

By Aiko Tanaka
1 min read
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Spotify bought a few small companies in the last couple of months to further improve the podcast experience. Over the weekend, the music streaming company announced another acquisition that’s meant to contribute to building the best podcast discovery experience: Podz.

Podz is a small company that owns a technology that Spotify thinks it can successfully complement its own to accelerate the efforts to drive discovery and deliver listeners the right content when they need it.

Podz technology, just like Spotify’s, is powered by machine learning and generates high-quality clips that offer users the chance to preview important moments from podcast episodes. To sum it up, thanks to the new acquisition, Spotify should be able to make it easier for its listeners to find the content they want to listen to, and for creators to be discovered and build a fan base.

According to Spotify, Podz technology will be integrated into the music streaming service beginning this year, so users should start seeing the first improvements before the end of 2021.

Questions & Answers

Q.

What is the primary goal of Spotify's acquisition of Podz?

A.

Spotify aims to further improve the podcast discovery experience for its users. The acquisition is intended to accelerate efforts to deliver listeners the right content and help creators be discovered more easily.

Q.

How does Podz technology function to improve podcast discovery?

A.

Podz technology, powered by machine learning, generates high-quality clips from podcast episodes. These clips allow users to preview important moments, making it easier to find desired content.

Q.

When can Spotify users expect to see the benefits of the Podz acquisition?

A.

Spotify states that Podz technology will be integrated starting this year. Users should therefore begin seeing the initial improvements to podcast discovery before the end of 2021.

Q.

What kind of companies has Spotify been acquiring recently?

A.

Spotify has acquired a few small companies in recent months. Podz is described as a small company that owns technology focused on enhancing the podcast experience and discovery.

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