EXCLUSIVE- Former U.S President and wife joins the bandwagon of booming podcast business with Spotify partnership

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Previous U.S. President Barack Obama and his gorgeous wife, Michelle entered the blasting podcast business on Thursday, announcing a juicy partnership with streaming service Spotify to deliver a progression of selected podcasts.

Under the agreement, the Obamas will “produce, and loan their voices” to choose podcasts that will be conveyed around the world, Spotify and the Obamas production company, Higher Ground, revealed in a joint press release.

The declaration pursues a multi-year understanding between Higher Ground and Netflix that was reported in 2018 in which the previous president and his wife will create movies, documentaries, and series of different kinds.

Spotify Technology SA, the world’s largest music streaming service with in excess of 217 million monthly dynamic users, will disseminate the podcasts to spectators over the globe, the announcement said.

Podcasts have turned out to be huge business for five years now with subjects running from a true crime like “Dirty John” to current affairs (“The Daily”), governmental issues (“Pod Save America”) and parody (“2 Dope Queens”).

The quantity of Americans tuning in to podcasts flooded 35% over the period of three years as there’s been an increase in content, according to a recent report by statista.com.

Spotify bought three podcast organizations this year and has said it has reserved up to $500 million to buy more.

Thursday’s announcement did exclude subtleties of any themes that the Obama podcasts would cover, nor when they would begin to be accessible to the general public.

Barack Obama said in an announcement he accepts podcasts “offer a remarkable chance to cultivate profitable exchange, make individuals grin and make individuals think and, ideally, and make all of us somewhat closer together.”

Spotify Chief Content Officer Dawn Ostroff portrayed Barack and Michelle Obama as “two of the world’s most significant voices” in an announcement on Thursday.

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