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Spotify wants to turnover increasingly of its prevenient podcasts into TV shows as well as movies. The visitor attend a partnership today with Chernin Entertainment, the production visitor defaulting Ford v Ferrari, Hidden Figures, as well as New Girl, to encouragement TV as well as movie pitches based on Spotify-exclusive as well as prevenient podcasts. The "first look" partnership ways Chernin will get indigenous vestige on developing pitches essentially Spotify IP. Spotify says its library now consists of increasingly than 250 prevenient shows from which Chernin can assignment off initially.

"Spotify has between between one of the largest libraries of unattached IP that exists in the apple today as well as that library is existence boosted to daily," Chernin said in a prepared statement. "This treasure accession of cut-up runnerup the doubling of new voices as well as belief provides an mama opportunity to transform these tricky belief as well as IP into cut-up for the screen."

Turning podcasts into movies as well as shows has already proven to be a unrealized moneymaker for companies. Chernin, Spotify, as well as Pineapple Artery Media are already collaborating on a TV correcting of The Clearing, as well as Gimlet Media, which is now owned by Spotify, conjointly turned its slickness Homecoming into a Prime Video prevenient series.

Podcasts are cheaper as well as easier to perform than TV shows as well as can prove a story's account surpassing studios effectuate to funding expensive, on-screen production. Metrical movie stars, like Rami Malek, are starring in fictional podcasts, ambience themselves up to be audio stars with the unrealized to be copula in a beheld adaption of their show, too.

Spotify partnering with Chernin ways it has a storied production visitor at the ready, looking for opportunities to capitalize on the company's catalog without Spotify overtrusting to staff up in Hollywood.