About a year ago, Facebook started planning a full suite of audio features, including a short-form audio feed and podcast integration. Now that the metaverse is the only thing Mark Zuckerberg can think about, Facebook’s audio aspirations have been put on the back burner before they were ever really given the space to fully develop.
A number of industry executives told Bloomberg that, while Facebook is still having plenty of conversations with podcasting partners, those conversations have shifted toward events in the metaverse and online shopping. The partners in question aren’t exactly happy about this shift; Facebook’s audio expansion provided the promise of an enormous audience and significant ad revenue.
