"I'm pleased to say in Q4, we were very close to breakeven on that business, which gives me a lot of confidence that as we get into 2024, we will achieve the full year profitability target on podcasting."
Nearly every executive who pioneered the vertical is gone, including top podcasting chief Dawn Ostroff. It collapsed Gimlet and Parcast, two pillars of its content strategy. Through three rounds of layoffs, it cut staffers brought in during its M&A spree not only in content but also in advertising and product as well.
[
add
]
[
|
|
...
]