Facebook’s interest in podcasts is fading, barely a year after it began.
Last April, during a hot market for audio, Facebook launched Live Audio Rooms, short-form stories called Soundbites and podcasts for U.S. users. The company signed deals with creators and sponsored one of the industry’s biggest U.S. conferences: Podcast Movement. Facebook product managers even appeared on the long-time industry program “New Media Show” to encourage podcasters to join the platform.