Spotify's Acquisition Spree and the "Facebook" of Music
What does the future of podcasting look like
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.”
If you are interesting in learning about the economi…