Spotify Launches AI Podcast Translation to Expand Non-English Listening
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Spotify introduced AI voice translation for some popular podcasts, converting English to Spanish, French, and German. This could expand podcast listening by eliminating language barriers.
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If successful, the voice translation pilot could have a big impact since 60% of Spotify's users are non-English speakers.
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More podcast listeners could benefit Spotify's original podcasts and its Spotify Audience Network ad platform.
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However, previous new initiatives like audiobooks and live audio haven't improved Spotify's margins or cash flow.
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Despite optimism around podcasts, Spotify's margins remain low. The company still must demonstrate podcast investments can increase profitability.