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Russell Harrower, the CEO of PodToo, has announced the launch of the "Pod Fund" - an initiative to support independent podcast app developers who are implementing Podcast 2.0 features. The goal is to provide financial assistance to these developers, as many are struggling to sustain their work due to a lack of revenue, while the major platforms like Spotify and Apple are not investing in the open podcast ecosystem. Harrower explains that the Pod Fund will be funded by a small percentage contribution from participating podcast hosting providers, with the funds distributed to eligible app developers based on the number of Podcast 2.0 features they have implemented. The hosts and app developers aim to work together to support the growth of the open podcast ecosystem, in contrast to the walled gardens created by large tech companies. The discussion highlights the challenges facing the independent podcast community and the need for collaborative solutions to sustain innovation in this space.
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