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· Posted on
February 21, 2024

Spotify buys Aussie podcast legends Whooshkaa and leave some for the rest of us, would ya?

Whooshkaa is an all-in-one podcast platform. They help businesses host, promote, distribute and monetise podcasts.

What's the key learning?

  • Spotify has bought Whooshkaa, the Aussie all-in-one podcast platform for an undisclosed amount
  • The deal means Spotify can ramp up their podcast strategy...and get a foothold in the B2P space
  • The podcast industry has shifted to become a fully-fledged commercial operation. And B2P has been a key driver for this growth over the years.

Background: Whooshkaa is an all-in-one podcast platform. They help businesses host, promote, distribute and monetise podcasts.

What happened: But their real specialty is broadcast-to-podcast tech, which means they can turn radio broadcasts into podcasts (B2P) - and in a jiffy.

What else: It's this capability that attract music GOAT Spotify, who bought the company for an undisclosed amount. It means Spotify can ramp up their podcast strategy...and get a foothold in the B2P space.

So what's the key learning?

💡Over the last 5 to 10 years, the podcast industry has shifted from being made up of largely indie creators...to a fully-fledged commercial operation. And B2P has been a key driver for this growth over the years.

💡For radio stations...this expansion makes sense. They're just taking the content from a radio station and repurposing it for podcasts. Commercially, it also makes sense. Long podcasts = more opportunities for more ads.

💡For listeners, it's also great. It means people can listen to their favourite radio shows whenever and whenever they want.

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