Another podcasting executive is leaving Spotify

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Another podcasting executive is leaving Spotify
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Parcast founder Max Cutler most recently oversaw content partnerships.

So much for the holiday weekend — it’s a busy week already! We’ve got another major shake-up at Spotify and a bitter cancellation at WNYC. Plus, Hot Pod Summit is this Thursday! Let’s get into it.Spotify’s podcasting old guard is dwindling. Just as the dust was beginning to settle on, Spotify’s podcast vertical takes another hit.

Cutler founded horror and true crime podcast studio Parcast before Spotify bought the company in 2019 for $55 million. After managing Parcast for Spotify, Cutler moved up the ranks to lead new content initiatives and last year, Cutler plans to launch a new venture.“With the traditional media industry ripe for disruption, I am excited to take on this new challenge and drive innovation forward,” Cutler said in the memo.

The podcasting vertical at Spotify has already gone through a major restructure, and it is poised to do so once more. With Ostroff leaving as the chief of content and advertising business, former head of content Sahar Elhabashi has taken her place. But unlike Ostroff, who spent hundreds of millions of dollars on exclusives and originals like

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