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Illustration: Axios Visuals

Vox Media now has more than 200 active podcasts that it publishes through the Vox Podcast Network, up from 75 in January, executives tell Axios.

By the numbers: Vox Media Studios President Marty Moe told Axios in February upon signing a multi-million dollar deal with Stitcher that Vox Media’s podcast business is an eight figure business.

  • According to Moe, the company is still on track to deliver that eight figure number this year. The company reportedly brings in around $185 million annually.
  • One of its most popular podcasts, Recode's Pivot with Kara Swisher and Scott Galloway, is moving to twice a week.

The big picture: Over the past year, Vox Media has develop its own podcast network, that it can use to distribute its own content, as well as eventually distribute others.

  • Vox Media acquired two companies this year to help bolster its podcast business, Epic Magazine and New York Media. It plans to integrate franchises from both companies into its podcast network in 2020. 

What's next: The company is hosting its first-ever Podcast Upfront Tuesday in New York City where it will announce several new shows and updates to its podcasting slate.

Go deeper: Vox Media acquires New York Magazine parent company

Go deeper

Justice Department drops insider trading inquiry against Sen. Richard Burr

Sen. Richard Burr (R-N.C.) walking through the Senate Subway in the U.S. Capitol in December 2020. Photo: Stefani Reynolds/Getty Images

The Department of Justice told Sen. Richard Burr (R-N.C.) on Tuesday that it will not move forward with insider trading charges against him.

Why it matters: The decision, first reported by the New York Times, effectively ends the DOJ's investigation into the senator's stock sell-off that occurred after multiple lawmakers were briefed about the coronavirus' potential economic toll. Burr subsequently stepped down as chair of the Senate Intelligence Committee.

Netflix tops 200 million global subscribers

Illustration: Rebecca Zisser/Axios

Netflix said that it added another 8.5 million global subscribers last quarter, bringing its total number of paid subscribers globally to more than 200 million.

The big picture: Positive fourth-quarter results show Netflix's resiliency, despite increased competition and pandemic-related production headwinds.

Janet Yellen plays down debt, tax hike concerns in confirmation hearing

Treasury Secretary nominee Janet Yellen at an event in December. Photo: Alex Wong via Getty Images

Janet Yellen, Biden's pick to lead the Treasury Department, pushed back against two key concerns from Republican senators at her confirmation hearing on Tuesday: the country's debt and the incoming administration's plans to eventually raise taxes.

Driving the news: Yellen — who's expected to win confirmation — said spending big now will prevent the U.S. from having to dig out of a deeper hole later. She also said the Biden administration's priority right now is coronavirus relief, not raising taxes.