Spotify bought Parcast — now its founder is launching a new entertainment studio
Parcast founder Max Cutler left Spotify last February as part of a wave of high-profile departures from its podcast vertical, and he’s now launching Pave Studios to create content across multiple formats. “Storytellers who successfully engage audiences and create fandoms through written, audio, and video content have led the charge in cultivating their robust communities into diverse businesses,” said Cutler.
The company has two new brands to start, with OpenMind, which focuses on wellness, and the true crime-geared Crime House.
Spotify acquired the true crime and horror-focused studio Parcast in 2019 as part of a $1 billion investment in original podcasts. After the sale, Cutler went on to serve...