These bullets are conspicuously free of important details.
"Podcast usage has been a factor" - okay, how much? Answer: no idea.
"The strength in Ad-Supported revenue was led by our Podcast, Direct, and Ad Studio channels, with Podcast and Ad Studio both growing over 100% on a Y/Y basis" - okay, but from what starting point and how much did it contribute? Answer: not saying.
"25% of our Total MAUs engaged with podcast content" - okay, how much? Answer: not saying.
Obviously podcasts help increase metrics, but even Spotify either doesn't know or won't say, meanwhile all this discussion ignores the flip side of the coin which is how much this is all costing the company.
One podcast was saying that their show subscribers coming in from Spotify was like... 0.x% of total listeners, across several shows. This was sometime last year, things could have changed but to be honest nor everything is a multi-trillion dollar industry and Spotify spending like or is is a pretty good application of wealth redistribution from VCs to artists
"Podcast usage has been a factor" - okay, how much? Answer: no idea.
"The strength in Ad-Supported revenue was led by our Podcast, Direct, and Ad Studio channels, with Podcast and Ad Studio both growing over 100% on a Y/Y basis" - okay, but from what starting point and how much did it contribute? Answer: not saying.
"25% of our Total MAUs engaged with podcast content" - okay, how much? Answer: not saying.
Obviously podcasts help increase metrics, but even Spotify either doesn't know or won't say, meanwhile all this discussion ignores the flip side of the coin which is how much this is all costing the company.