• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Techpodcasts

Spotify is using AI to imitate podcast hosts’ voices after plowing $1 billion into the business and breaking up with Prince Harry and Meghan

Paolo Confino
By
Paolo Confino
Paolo Confino
Reporter
Down Arrow Button Icon
Paolo Confino
By
Paolo Confino
Paolo Confino
Reporter
Down Arrow Button Icon
September 25, 2023, 2:14 PM ET
Spotify CEO Daniel Ek
Spotify CEO Daniel Ek.Toru Yamanakka—AFP/Getty Images
Add Fortune on Google for similar content.

If nobody listens to an AI podcast, does it still make a sound? Does it matter that it’s in a foreign language?

Recommended Video

Spotify is testing a new AI feature for its podcasts that would translate them into different languages while imitating the hosts’ voices. Episodes of some of the streaming service’s most popular English-language podcasts will be translated into Spanish, French, and German while theoretically keeping the host’s voice, intonations, and cadence similar to the original versions—emulating what Spotify called the “speaker’s distinctive speech characteristics.”  The technology was developed by Spotify but the underlying a voice generation technology comes from OpenAI, the maker of ChatGPT, the company told Fortune.

Some of the podcasts included in this early test include Armchair Expert, hosted by Dax Shepard and Monica Padman; Steven Bartlett’s The Diary of a CEO; and the hit pop culture podcast The Rewatchables, hosted by renowned podcaster Bill Simmons, whose podcast network was acquired by Spotify in 2020 for at least $200 million. The first batch of AI-translated podcasts will be past episodes of Armchair Expert, The Lex Friedman Podcast, and The Diary of a CEO. In the future Spotify will expand to include more of Simmons’s podcasts, an additional show from Shepard, and a new original podcast from former Daily Show host Trevor Noah, according to a press release. Noah speaks six languages, including German, according to an interview he gave in April 2022, but he will not be enlisted to use those skills and will instead be dubbed by AI. 

The podcasters in question where chosen due to the size of their overseas audience and because their shows had “more conversational formats,” according to Spotify. All of the translated episodes have been approved by their creators, who were offered the chance to evaluate the new, foreign-language versions of their podcasts.

“We have worked with creators to review all material and included linguists at the transcription and translation stages throughout the process, ensuring we have a human review of all translations,” the company said in an email.

Spotify, whose core business is music streaming, has tried to establish a foothold in the podcasting industry, which has exploded in popularity in the last few years. The Wall Street Journal reported that Spotify has spent around $1 billion to try and cement itself as a podcasting juggernaut. The efforts came under the belief that the market for podcast advertising—currently $2.3 billion—would end up being a bigger portion of the overall $200 billion digital-ad market, according to the Wall Street Journal. 

Podcasting, like all of Spotify’s business, isn’t profitable. During its investor day in June 2022, Spotify said it expected its podcasting push to be profitable in “one to two years.” 

A mixed bag of big-money podcast deals

Spotify’s podcasting efforts consisted of big-money deals with high-profile talent, which yielded mixed results. 

Meghan Markle and Prince Harry signed a $20 million deal for a podcast that ended prematurely when it didn’t yield the expected results, as the royal couple struggled to attract a big enough audience. Spotify also paid $200 million over a reported three and a half years to Joe Rogan, and $60 million for Alex Cooper’s Call Her Daddy, the raunchy relationship podcast. While details on Cooper’s deal are scant, she has expanded to create her own podcast network that won’t be exclusive to Spotify. 

The Rogan deal was among the first nine-figure podcasting deals, which raised some industry eyebrows as to whether it would pay off. 

Even Spotify CEO Daniel Ek acknowledged that the company had overspent on its way to kick-starting its podcasting efforts. It’s unclear whether the Rogan deal was among those that broke the bank.

Spotify CEO Daniel Ek was clear that the company would be more diligent in choosing who it would offer big contracts to. “You’re right in calling out the overpaying and overinvesting, and I can start off by saying that we’re not going to do that,” Ek said during an earnings call in April. 

Spotify’s overeagerness to break into the podcasting market forced it to slash some of its operations in June when it laid off about 200 employees in its podcast department. Those layoffs cost the company about $12 million in severance, the company said. 

But Spotify has succeeded in growing its overall monthly average users, which crossed the 500 million mark in the first quarter of this year, partly thanks to its expensive podcasting investing. The press release announcing its AI voice translation efforts says Spotify has 100 million users “regularly listening” to podcasts. That scale, the company says, gives it added leverage in negotiating renewals for the talent it has signed over the last few years. Because Spotify is the largest podcasting platform, it is able to spread the cost of its talent contracts over a greater number of users who can bring in more ad revenue, Ek said on the same earnings call when asked about renewing talent deals.

Spotify’s ad sales from its podcasts increased by €22 million ($23.3 million) in the first six months of this year, according to financial filings. In other company documents Sportify said its second quarter podcasting ad revenue was up 30% year over year. 

Results from the deal with Markle and Prince Harry have been more lackluster. Simmons, who is also a Spotify executive for podcasts, referred to the couple as “grifters.” On a podcast episode in June, he recounted a Zoom call with Prince Harry intended for coming up with podcast ideas, but Simmons said it was unproductive and criticized Prince Harry for his complaints against the British royal family. “Shoot this guy to the sun. I’m so tired of this guy,” Simmons said about the call. “What does he bring to the table? He just whines about sh*t and keeps giving interviews. Who gives a sh*t? Who cares about your life? You weren’t even the favorite son.” 

Simmons added of Harry: “You live in f*cking Montecito and you just sell documentaries and podcasts and nobody cares what you have to say about anything unless you talk about the royal family and you just complain about them.” 

In addition to the $12 million spent on layoffs, Spotify’s efforts to stop its bleeding on podcasts have cost it another $41 million in write-offs for the podcast contracts it has canceled.

Updated Sept. 25, 2023: This article has been updated to include comments from Spotify.

About the Author
Paolo Confino
By Paolo ConfinoReporter

Paolo Confino is a former reporter on Fortune’s global news desk where he covers each day’s most important stories.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

How foodservice giant Sodexo is embracing AI and robotics to reshape the kitchen
NewslettersCIO Intelligence
How foodservice giant Sodexo is embracing AI and robotics to reshape the kitchen
By John KellJuly 1, 2026
8 hours ago
Anthropic CEO Dario Amodei
AIAnthropic
Anthropic’s AI models are back online after a two-week government standoff—settling the company and administration into a fragile truce
By Tristan BoveJuly 1, 2026
8 hours ago
Nikesh Arora, chief executive officer at Palo Alto Networks
SuccessJobs
CEO of $248 billion cybersecurity company says workers are about to face a ‘Darwinian moment’ thanks to AI: Evolve or get cut
By Emma BurleighJuly 1, 2026
10 hours ago
Current price of Ethereum for July 1, 2026
Personal FinanceEthereum
Current price of Ethereum for July 1, 2026
By Joseph HostetlerJuly 1, 2026
11 hours ago
In this photo illustration, a Cisco logo is displayed on a smartphone with Artificial Intellingence (AI) symbols in the background.
AICFO Daily
Cisco is rolling out AI agents to every single one of its 90,000 employees
By Sheryl EstradaJuly 1, 2026
12 hours ago
senate
CommentaryCongress
One rare bipartisan AI bill is moving through Congress. Here’s why it deserves to pass
By Neil Björkman and Betsy BrewerJuly 1, 2026
13 hours ago

Most Popular

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
17 hours ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
7 days ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
5 days ago
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
Newsletters
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
By Diane BradyJuly 1, 2026
15 hours ago
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
2 days ago
Current price of oil as of July 1, 2026
Personal Finance
Current price of oil as of July 1, 2026
By Joseph HostetlerJuly 1, 2026
12 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.