Spotify Acquires , Podcast Discovery Platform, Podz.<br />The announcement was made on June 17.<br />According to TechCrunch, Podz utilizes machine learning to find key moments from podcast episodes and generate preview clips.<br />According to Spotify, this will make it “easier for listeners to find the content they want to listen to, and for creators to be discovered and build a fan base.”.<br />The acquisition follows Spotify's previous podcast subscription announcement.<br />The subscription allows select creators to <br />charge listeners to access their content.<br />Spotify intends to take a 5% cut of subscription revenue starting in 2023.<br />The company plans to build upon that service by integrating Podz' technology into its platform
