What’s Happening:
The Spotify-owned online music studio, Soundtrap, is poised to become a major part of the company’s growing interest in podcasts. Soundtrap for Storytellers was just launched to address the needs of podcast creators.
Why It Matters
Soundtrap for Storytellers is a cloud-based podcast creation platform with numerous advanced features such as the ability to transcribe and edit podcasts, collaborate with others, and more. This follows on the heels of Spotify’s acquisition of Anchor, another podcast creation app, in February. Both products make it easier to create a podcast, but there are a few key differences.