Spotify (NYSE: SPOT) has built the leading podcast business with its audio platform, creative tools, and advertising network, but Amazon (NASDAQ: AMZN) is trying to get into the game. An $80 million deal with Dax Shepard shows the company's interest in becoming a player in podcast advertising, which Travis Hoium covers in this video.

*Stock prices used were end-of-day prices of July 13, 2024. The video was published on July 15, 2024.

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Source Fool.com