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Spotify's Acquisition Spree and the "Facebook" of Music

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Spotify's Acquisition Spree and the "Facebook" of Music

What does the future of podcasting look like

Networkcapital.tv
Mar 9, 2022
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Spotify's Acquisition Spree and the "Facebook" of Music

www.thenetworkcapital.com

Spotify ventured into podcasting only in 2019. It recorded a doubling in podcast listening hours in the fourth quarter of 2020. CEO Daniel Ek said, “We have increasing conviction in the causal relationship between growth in podcast consumption driving higher [value] and retention among our user base.”

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