Spotify has shut down Studio 4, its in-house podcast studio group, a move that will see 15 employees laid off or redeployed to other divisions.
A source close to the situation has confirmed the closure of Spotify Studios Studio 4, first reported by the tech site The Verge. Asked for an official statement, a Spotify representative declined to comment.
The in-house podcast studio, called Studio 4 within the company, was a branch of Spotify’s original podcast content operations, alongside the trio of studios acquired by the audio streamer: Gimlet, Parcast and The Ringer. Studio 4 was like a “garbage drawer” for projects that didn’t belong anywhere else, a former Spotify employee told The Verge.
The group had approximately 15 full-time employees. Some are transferred or are offered positions at Gimlet, Parcast or The Ringer; others are slipping into restructuring.
Julie McNamara, the former head of programming at Paramount Plus who recently joined Spotify as head of US studios and video, announced the closure of Studio 4 in a memo to employees. By closing the group of internal studios, Spotify will be able to “move faster and make more meaningful progress and facilitate more effective collaboration across our organization,” according to McNamara’s memo.
Spotify’s Studio 4 has produced a list of podcasts, including “Dope Labs”, “Dissect”, “Infamous”, “LOUD: The History of Reggaeton”, “We Said What We Said”, “Nosy Neighbors”, “Complex Subject”, “Bandsplain” and “Can We Be Friends?” The studio also produced shows such as “Spotify: Discover This” and “Spotify: Mic Check” to highlight content trends, artists and creators. on the streaming service.
Among the Spotify employees affected by the move was Gina Delvac, the Los Angeles-based head of Studio 4, who will move into a consulting role for the company. Delvac is also a founding producer of the longtime podcast show “Call Your Girlfriend,” according to her website.
Spotify has made podcasts a major strategic priority, investing hundreds of millions in acquiring content studios and tech companies to support the push. The company has also signed exclusive podcast distribution deals, including a multi-year deal for “The Joe Rogan Experience,” estimated to be worth more than $100 million, and Alex Cooper’s “Call Her Daddy,” estimated at more than $60 million over three years. .