Bill Simmons Extends Spotify Contract as Head of Talk Strategy

The Ringer founder will continue to lead Spotify's talk and video content initiatives under a new multi-year agreement.

Bill Simmons has renewed his contract with Spotify, where he will remain as head of talk strategy for at least two more years.
Simmons will oversee The Ringer, Spotify Studios, and new original content, reporting to Roman Wasenmüller, Spotify's newly appointed head of podcast business.
The Ringer, acquired by Spotify in 2020 for approximately $200-$250 million, produces over 50 podcasts and more than 100 hours of content weekly, including popular shows like 'The Bill Simmons Podcast' and 'The Rewatchables.'
Spotify is increasingly integrating video episodes into its podcast offerings, with The Ringer playing a key role in this strategy to boost user engagement and advertising revenue.
The contract renewal highlights Spotify's continued focus on expanding its talk and video content, even as it scales back investments in other podcasting ventures.