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Spotify’s transformed podcast business may actually be profitable this year

It’s a long time coming.

But according to a note from Wells Fargo analyst Steven Cahall, that new cash flow (paired with lower minimum guarantees, as is reportedly the case with Rogan’s $250 million deal), should have significant upside for the streamer. And we’ve got one more to announce today: we’ll also be taking time at Hot Pod Summit to look at how transformative — and deceptive — AI might become in the podcast space. You can see the lineup for On Air Fest, including Malcolm Gladwell, Stephen Dubner, Norah Jones, Laurie Anderson, Seth Meyers, Nick Quah, Avery Trufelman, and talent from Audible, Netflix, iHeart, WBUR, Vox Media Podcast Network, and more.

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