Spotify has canceled Gimlet’s main show, Heavyweight, which was well-liked by most in the industry. The staff behind Heavyweight will be let go after the current season of the show concludes, a person with knowledge of the matter told The Verge.
The cancellation coincides with Spotify implementing a 17 percent employee layoff and changing its podcasting approach from the beginning.
2019 saw Spotify pay $230 million to acquire Gimlet, the industry’s most talked-about independent podcast company at the time.
However, the studio was unable to create the popular shows Spotify was seeking and lost its biggest hit, Reply All, following allegations of creating a discriminating atmosphere by co-host PJ Vogt and producer Sruthi Pinnamaneni.
Why Is Heavyweight Leaving Spotify?
The audio streaming service Spotify said on Tuesday that it would not extend the deals for two highly regarded podcasts, “Heavyweight” and “Stolen.” This is the latest indication that the business is reducing its ambitions for podcasting as it struggles to turn a profit on a regular basis.