Pocket Casts is being flogged for showing advertisements to legacy users who were promised an ad-free experience. The first reports started to appear in early September in the Pocket Casts support forum and subreddit. The issue is a bug, according to Matt Mullenweg, the CEO of Pocket Casts' parent company Automattic, and will be corrected. Pocket Casts launched as a purchase-only app in 2010, charging users a one-time download fee of up to $10, depending on the OS and platform.
"We will build other products, and those other products can have different dimensions to them, and maybe ChatGPT just isn't an ads-y product because it's just so deeply accountable to your goals. But it doesn't mean that we wouldn't build other things in the future, too," Turley said.
Substack raised $100 million in Series C funding, valuing the company at over $1.1 billion. The funds will be used to invest in better tools for creators, expand support for its ecosystem of writers, and 'double down' on its app.