![]() ![]() However, the Stockholm-based streaming company is now facing investor pressure to improve its performance after making a net loss of €430m (£367m) last year.Įarlier this year, Spotify chief executive Daniel Ek admitted that the company had made some mistakes with the $1bn spent in its push to establish itself as a key player in podcasting. ![]() Spotify’s deals with Simmons and the Duke and Duchess were a part of the company’s expansion into podcasting, after its success with Joe Rogan. In a January 2022 episode of his podcast, he said: “You live in fucking Montecito and you just sell documentaries and podcasts and nobody cares what you have to say about anything unless you talk about the royal family and you just complain about them.” ![]() Simmons had previously said he was annoyed he had to “share” Spotify with Prince Harry. The Guardian has approached Archewell for comment. “I have got to get drunk one night and tell the story of the Zoom I had with Harry to try and help him with a podcast idea. ‘The Fucking Grifters.’ That’s the podcast we should have launched with them,” Simmons said on his podcast, the Bill Simmons podcast. “I wish I had been involved in the ‘Meghan and Harry leave Spotify’ negotiation. However, sources close to Spotify have said the royal couple did not meet the productivity benchmark required to receive the full headline payout from the deal, having only produced one 12-episode series, the Wall Street Journal reported. Last week, Spotify and Archewell Audio released a joint statement saying they had “mutually agreed to part ways and are proud of the series we made together”. It topped the podcast charts for Spotify in a number of markets, but only 12 episodes were made. The Duke of Sussex became the first senior member of the royal family to testify in more than a century.The Archetypes podcast, which was hosted by Meghan, featured conversations with friends and celebrities including Serena Williams, Mariah Carey and Trevor Noah. He is accusing the publisher of the Daily Mirror of using unlawful techniques on an “industrial scale” to score front-page scoops on his life. Prince Harry has been at the High Court of London this month. The company said at the time that it would be combining podcast networks Parcast and Gimlet into its Spotify Studios operation. Six months after announcing that it would cut 6% of its global workforce, or about 600 jobs, Spotify said last week that it was trimming another 200 jobs. Tech companies have been cutting costs in a rough economic environment and Spotify has not been immune. The show also had as guests Mariah Carey, Trevor Noah, Mindy Kaling and Paris Hilton. And I loved digging deep into meaningful conversation with my diverse and inspiring guests, laughing and learning with them, and with each of you listening,” Meghan, the Duchess of Sussex, said at the time. ![]() “I loved digging my hands into the process, sitting up late at night in bed, working on the writing and creative. and the U.K., and it won the top podcast award at the People's Choice awards last year. It topped Spotify charts in seven countries, including the U.S. The podcast premiered in August last year with tennis great Serena Williams as a guest and it was an instant hit. Archewell landed a multiyear partnership with Spotify in 2020 to create podcasts and shows that would tell stories through diverse voices and perspectives. ![]()
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