Variety ·entertainment ·2 hours ago

Netflix and Spotify jointly acquire Jay Shetty podcast video rights for $100

Netflix and Spotify acquired exclusive video rights to Jay Shetty's "On Purpose" podcast in a multiyear deal valued at more than $100 million, the companies announced Wednesday. Video episodes begin streaming July 13 on both platforms, with three other companies bidding in the nine-figure range. The partnership marks an unusual joint-exclusive arrangement between competing streamers for a major podcast franchise.

Summary by Glance · Variety

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