As Spotify and YouTube’s rivalry heats up, some worry the podcasting industry’s pivot to video could risk ruining what makes the audio format so satisfying (Laurie Clarke/The Guardian)

Laurie Clarke / The Guardian:
As Spotify and YouTube’s rivalry heats up, some worry the podcasting industry’s pivot to video could risk ruining what makes the audio format so satisfying  —  Video podcasts are booming, giving creators access to new audiences.  But does this risk ruining what made the audio format so satisfying?

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Denmark-based Podimo, a subscription service for podcasts and audiobooks, raised €58.6M led by 83North, Highland, and Saban, bringing its total funding to €162M (Todd Spangler/Variety)

Todd Spangler / Variety:
Denmark-based Podimo, a subscription service for podcasts and audiobooks, raised €58.6M led by 83North, Highland, and Saban, bringing its total funding to €162M  —  Listen up: Podimo, the Denmark-based subscription service for podcasts and audiobooks, said it secured €58.6 million …

Spotify launches an audiobooks service in the US with 300,000 titles, letting users purchase and download individual books to play in its app (J. Clara Chan/The Hollywood Reporter)

J. Clara Chan / The Hollywood Reporter:
Spotify launches an audiobooks service in the US with 300,000 titles, letting users purchase and download individual books to play in its app  —  The audio giant, which is offering 300,000 audiobooks for purchase at launch, is positioning its books service as separate from its Premium subscription for music and podcasts.

Spotify reports Q3 revenue up 21% YoY to €3.04B, MAUs up 20% YoY to 456M vs. 448.6M est., and Premium subs up 13% YoY to 195M; stock drops 6%+ on ad growth miss (Dawn Chmielewski/Reuters)

Dawn Chmielewski / Reuters:
Spotify reports Q3 revenue up 21% YoY to €3.04B, MAUs up 20% YoY to 456M vs. 448.6M est., and Premium subs up 13% YoY to 195M; stock drops 6%+ on ad growth miss  —  Audio streaming service Spotify Technology SA (SPOT.N) Tuesday surpassed Wall Street’s estimates for revenue and subscriber gains …

YouTube announces “handles”, letting creators identify their channel using the @username format across channel pages, video descriptions, comments, and Shorts (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch:
YouTube announces “handles”, letting creators identify their channel using the @username format across channel pages, video descriptions, comments, and Shorts  —  YouTube is making it easier for creators to direct viewers to their channels.  The company today announced “handles …

CEO Daniel Ek says US Spotify subscribers can expect price hikes in 2023, after recent increases by Apple and YouTube; Premium has cost $9.99/month since 2011 (Anne Steele/Wall Street Journal)

Anne Steele / Wall Street Journal:
CEO Daniel Ek says US Spotify subscribers can expect price hikes in 2023, after recent increases by Apple and YouTube; Premium has cost $9.99/month since 2011  —  Audio streaming giant surpassed growth forecasts, increasing monthly active users by 20% to reach 456 million