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Chronicles

The story behind the story

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Source and memo: Max Cutler, Spotify's head of audio talk shows and partnerships who oversaw deals with creators like Joe Rogan, is leaving to start a company

Bloomberg Ashley Carman

Context & Ripple Effects

Max Cutler's departure closes a fast loop at the top of Spotify's podcast operation: after podcasting boss Courtney Holt exited in April 2022, Cutler was elevated within weeks via the May 2022 promotion that put him over creator content and partnerships, inheriting oversight of the very deals — Joe Rogan chief among them — Holt had signed.

His exit now removes the last of that leadership pair, and it lands mid-arc: Spotify has since pivoted away from HBO-style exclusive shows toward YouTube-style creator tools, which reframes what a 'head of talk shows and partnerships' even means inside the company.

First-order effects

  • Cutler takes the institutional memory of Spotify's biggest creator relationships — including the Rogan deal — out of the building, forcing Spotify to reassign talk-show partnership oversight without an obvious successor in place.

Second-order effects

  • A founder-led startup from the executive who ran Spotify's creator dealmaking puts him back in the market for the same talent Spotify pays for, giving podcasters an alternative buyer backed by someone who knows their economics.

Third-order effects

  • The pattern across the corpus — content chief Stefan Blom leaving ahead of the IPO, then Holt, then Cutler — suggests Spotify's original star-talent acquisition machine is being dismantled as the company restructures around tools rather than exclusives.

The trend: Spotify's podcasting leadership exodus tracks its strategic retreat from exclusive-star dealmaking toward a creator-platform model.

Discussion

  • @jedigoodman @jedigoodman on x
    Max Cutler is leaving Spotify. Also, Bill Simmons will now be “responsible for developing and growing podcast monetization across Spotify's portfolio.” https://www.bloomberg.com/...
  • @ashleyrcarman Ashley Carman on x
    scoop: max cutler, who oversaw spotify's partnerships with major creators like joe rogan and emma chamberlain, is leaving the company. his departure follows dawn ostroff, who oversaw the content and ads business, also exiting https://www.bloomberg.com/...