More people are listening than ever before — but the ad market has dried up.

Spotify’s betting big on audiobooks, and taking on Amazon in the process.

The $4B+ website builder grew its business by perfecting audio ads.

Each weekday, our team will give you a quick breakdown of the biggest business headlines, and why you should care about them.

Joe Rogan, who signed a deal with Spotify worth $100m+, has lost influence since making his podcast exclusive to the platform.

Alex Cooper (“Call Her Daddy”) gets a $60m deal from Spotify. Harry Stebbings (“The Twenty Minute VC”) raises a $140m venture fund.

Spotify is creating new tools (ad insertions, ad studio, audience network) to help podcasters monetize.

Amazon’s acquisition of Wondery will help it build a moat around Audible and Amazon Music.

Welcome to My First Million, The Hustle's latest podcast for business builders, schemers, and dreamers.

Soon, the app will give ‘casters detailed insights into how many plays a given podcast episode gets, which parts users skip over, and where users are listening.