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Barack Obama and Bruce Springsteen team up to host Spotify podcast

February 22, 2021. Summarized by summa-bot.

Compression ratio: 67.3%. 2 min read.

PENANG, MALAYSIA - 25 OCT 2018: Close up woman holding Smartphone and using Spotify application on the screen. Spotify is a music streaming platform developed by Swedish company Spotify Technology.

Barack Obama and Bruce Springsteen have teamed up to host a new podcast about masculinity, race, fatherhood and their professional and personal journeys. The podcast, called "Renegades: Born in the USA," is part of the multi-year partnership between Spotify and Barack and Michelle Obama's production company, Higher Ground.

The podcast, called "Renegades: Born in the USA," is part of the multi-year partnership between Spotify and Barack and Michelle Obama's production company, Higher Ground.

Spotify (SPOT) revealed the new show on Monday, along with dozens of other announcements as part of its virtual event, Stream On. The streaming platform that was once just home to popular music is continuing its expansion into podcasts and will soon include more exclusive shows on race, religion, politics and superheroes.

Spotify's deal with Higher Ground, announced in June 2019, was one of its early big bets in the podcast industry.

Higher Ground and Spotify previously produced "The Michelle Obama Podcast. " It launched in July and was Spotify's top show globally in July and August, Spotify reported in its third quarter of 2020 earnings.

Also in partnership with Higher Ground, Spotify is releasing a new season of the podcast "Tell Them, I Am. " The series is hosted by Misha Euceph, a first-generation Pakistani-American who was an executive producer of Michelle Obama's podcast.

Spotify also announced on Monday a new podcast from its partnership with filmmaker Ava DuVernay's arts and social impact collective ARRAY.

Spotify reported in its fourth quarter earnings that it had 2. 2 million podcasts, up from 1. 9 million the prior quarter, and said that 25% of its monthly active users have listened to podcasts, up from 23% the prior quarter.

Spotify also reported that the total consumption hours of podcasts have nearly doubled from the fourth quarter of 2019 to 2020.

"It's no coincidence that the world's best creators are embracing Spotify as a key platform for their podcasts — we have the reach, infrastructure and dedicated teams to take their stories to the world and we're committed to growing their audience on Spotify," Courtney Holt, Spotify's head of studios and video, said in a statement.

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