{"id":56019,"date":"2020-07-29T13:16:00","date_gmt":"2020-07-29T13:16:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/2020\/07\/29\/spotify-podcast-consumption-doubles-as-overall-listening-recovers\/"},"modified":"2020-07-29T13:16:00","modified_gmt":"2020-07-29T13:16:00","slug":"spotify-podcast-consumption-doubles-as-overall-listening-recovers","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/07\/29\/spotify-podcast-consumption-doubles-as-overall-listening-recovers\/","title":{"rendered":"Spotify podcast consumption doubles as overall listening recovers"},"content":{"rendered":"

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<\/span>Illustration by Alex Castro \/ The Verge<\/small><\/p>\n

Spotify listening hours have returned to the same level they was at prior to the pandemic, the company announced today in its latest earnings release. It reported that the recovery was strongest in areas where the spread of the COVID-19 virus is apparently slowing. Spotify also said that overall podcast consumption has more than doubled. Spotify reported a loss of €356 million overall in the period, The Wall Street Journal<\/em> reports, despite an increase in paying subscribers.<\/p>\n

Just three months ago, Spotify reported big changes in listening habits as a result of the COVID-19 pandemic. “Every day now looks like the weekend,” the company wrote in its last earnings release, referring to the changes in morning routines it saw as people spent more time at home. As of the end of June, however, it said that consumption hours are back up to pre-pandemic levels, though it admitted that this is varying around the world.<\/p>\n

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