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Spotify is planning a new marketplace for ads


February 22nd, 2021, 9:03 pm

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Spotify is planning new features to monetize podcasts. Among other things, a separate marketplace for podcast advertising is planned.

Spotify is planning a new platform for audio advertising in podcasts. The Spotify Audience Network is the first advertising marketplace with this focus, shared Spotify at the online event Stream On.

It is initially about advertising for Spotify’s own productions, podcasts produced via anchor and megaphone, and music supported by advertising. The project is still in the development phase, more information should be available within the next few months.

New features for existing tools

But the existing tools for advertisers are also getting new features. It will soon be possible to create and buy commercials for podcasts via the Spotify Ad Studio.

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