Spotify purchased podcasts to enhance podcast discovery on its platform

On Thursday Spotify announced the acquisition of the podcast discovery platform Podz. Podz is a platform that provides a short clip as a teaser for a podcast. These teasers are meant for users to decide which podcast they want to listen to. Podz’s integration with SpeedFi will be completed by the end of this year. To recall, earlier this week, the company announced Greenroom as a competitor to the popular audio-only chat platform Clubhouse.

With the announcement of the acquisition, Spotify made its announcement Blog We are investing in Discovery Experience, creating and scaling the best (and most personalized) podcasts in the world. One such as we told Podz Platform Which helps users discover new podcasts each day according to their tastes and preferences.

The blog further states, “We are confident that Podge’s technology will complement and accelerate Spotify’s focused efforts to drive discovery, deliver the right content to audiences at the right time, and accelerate departmental growth around the world.”

Spotify is set to bring podcast technology to its platform soon, with users said to be able to experience this new component on the Spotify platform by the end of this year.

Let us tell you, earlier this week Spotify announced the launch of Greenroom which is a rival of Clubhouse. Greenroom allows users to engage in live session discussions.

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