The podcasting industry was no different: Audience numbers soared, and the ad dollars followed.
In the US alone, advertising revenue more than doubled, to $1.5 billion, from 2019 to 2021, according to PwC. Globally the number of podcast listeners jumped 40%, to 384 million, in the same period, EMarketer estimates.
Continue reading your story on the app
Continue reading your story in the magazine
Changpeng Zhao – “I don't really care much about money”
Critics say Changpeng Zhao became the wealthiest man in crypto by operating the equivalent of an unlicensed casino. He says that’s all in the past
Where Ultrafast Delivery Still Zooms
India’s so-called quick commerce is soaring, but high cash burn may clip the startups’ wings
The Other NBA Draft
League officials, investors, and Barack Obama are betting they can make basketball Africa’s second-biggest sport—and Africa basketball’s most valuable growth market
TikTok Turns On the Money Machine
The ad revenue is already flowing, and e-commerce is next
The Scuffle Over Your Stock Trades
The SEC’s ideas to change how markets work could shake up the brokerage business
The Global Currency War Begins
Desperate to tame inflation, central bankers are vying for more buying power
Spotify's Long, Winding, and Pricey Journey Into Podcasting Is Very Much Not Over Yet
The company spent $1 billion on studios and top-tier talent. Now it wants to be podcaster for the everyman
Is China At Peak Property?
An extended slump in home sales may be a bigger drag on growth this year than lockdowns
FLUBBED
Inflation blunders have strained the trust that anchored the dollar and other currencies for decades
Elon Musk's Sober Outlook
The billionaire Tesla chief cast a shadow over prospects for the US economy and the Twitter deal
