Podcasts have finally arrived in Hollywood, and they're making a big splash. For the first time ever, the Golden Globes will honor podcasts, putting them right up there with movies and TV shows. This is a huge deal because it shows that podcasts are now seen as a serious form of entertainment, not just something you listen to on your commute.

Later that night, Netflix is jumping on the podcast bandwagon too. They're going to livestream an episode of "The Bill Simmons Podcast, " which is usually just audio. This is a big change for Netflix, which is known for its fancy TV shows and movies. But now, they're giving podcasts a shot, and there are more podcasts coming to the platform soon.

Podcasts have been slowly making their way into Hollywood for years. They've been signing deals and turning audio shows into TV series. Lots of money has been spent on this, with big parties and fancy brunches in Los Angeles this week to celebrate the podcast nominees.

A few years ago, when podcasts first tried out video, they looked pretty rough. Bill Simmons, a famous sports commentator and the founder of The Ringer, even compared them to "hostage videos. " But now, things are different. Spotify has opened a fancy new video studio for podcasts, with soundproof rooms and all the fancy drinks you could want.

The podcast industry is worth a lot of money, around $7. 3 billion. But now, the focus is on making podcasts look as good as they sound. Hosts are becoming big shots, using their shows to sell all kinds of stuff, from phones to energy drinks. And as more people watch podcasts on big TV screens, the quality is getting better and better.

Podcasts Take Center Stage at the Golden Globes

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