Facebook is pulling back from its foray into podcasting

Facebook’s waning interest in podcasting is a disappointment for some in the growing industry because the scale of its platform offers a large potential audience, and with it, the possibility of more advertising revenue. — AFP Relaxnews

Facebook’s interest in podcasts is fading, barely a year after it began.

Last April, during a hot market for audio, Facebook launched Live Audio Rooms, short-form stories called Soundbites and podcasts for US users. The company signed deals with creators and sponsored one of the industry’s biggest US conferences: Podcast Movement. Facebook product managers even appeared on the long-time industry program “New Media Show” to encourage podcasters to join the platform.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!



Next In Tech News

TikTok-owner tests ChatGPT-style bot after joining China AI race
Prologium in talks with France to set subsidies for $5.7 billion battery factory
'I failed miserably’: lawyer who used ChatGPT in brief explains�fake cases to judge
Teen tried to hire hitman to kill seven-year-old, but the website was fake, US cops say
Twitter co-founder Williams says he was ‘sad’ after Musk's purchase
Binance.US suspends USD deposits after crackdown by regulators
Apple, defying the times, stays quiet on AI
Lithium shortages could hand salt a starring role in EV shift
GM embraces Tesla's EV charging system, Wall Street cheers
Meta previews generative AI tools planned for its platforms

Others Also Read