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Spotify has inked an exclusive deal to distribute Kim Kardashian West's new podcast, a spokesperson confirmed to Axios.

Why it matters: The deal, unlike Spotify's purchase of "The Ringer" in February and its exclusive arrangement to distribute "The Joe Rogan Experience" beginning this fall, includes female producers and hosts, which could lure a more diverse, female-centric audience to the platform.

Details: The podcast will be co-produced and co-hosted by West and television producer Lori Rothschild Ansaldi, according to the Wall Street Journal, which was first to break the news.

  • A Spotify spokesperson confirmed details of the Journal's report, which notes that the podcast will be adjacent to West's work with the Innocence Project, a nonprofit that focuses on exonerating wrongfully convicted individuals and criminal justice reform.
  • Kardashian West has been studying law to bolster her work with the Innocence Project.
  • She met with President Trump in June 2018 and encouraged him to issue clemency to Alice Johnson, a 63-year-old woman serving a life sentence without parole for a nonviolent drug offense. Trump signed a commutation for Johnson the next week.

Be smart: The deal to exclusively distribute the podcast is especially timely, given the current reckoning for racial injustice, criminal justice and police reform sweeping the U.S.

The big picture: This is Spotify's third major investment in an exclusive podcast this year. The company has invested more than $600 million on acquiring podcast companies and exclusive rights to podcasts in an effort to diversify its business away from streaming music.

Go deeper:

Go deeper

Alice Johnson praises Trump for criminal justice reform at RNC

Alice Johnson, who had her life sentence for a nonviolent drug offense commuted by President Trump in 2018, praised the president's commitment to criminal justice reform at the Republican National Convention on Thursday.

The big picture: Johnson celebrated the First Step Act, the Trump-backed bipartisan criminal justice bill that passed six months after her commutation. The bill led to the release of at least 3,000 inmates by the end of 2019, according to NBC News.

Behind GameStop's latest stock surge

Illustration: Aïda Amer/Axios

Back in focus: The meme stock trade.

By the numbers: GameStop finished up 19%, after a wild day that saw shares spike as much as 80%.

AT&T spins off U.S. video business via deal with TPG

Photo: AaronP/Bauer-Griffin/GC Images

AT&T is spinning off three of its video services, including its satellite TV brand DirecTV, to create a new standalone video company called New DIRECTV.

Details: The company will be jointly owned by AT&T and private-equity giant TPG. AT&T will retain a 70% stake and TPG will own 30% of the firm.