In that situation, Spotify … And also, make money back for our investors and provide a healthy return.”“I’m not going to sit here and tell you that the money doesn’t matter, because obviously the money matters,” Blumberg said. Budden isn’t the first Spotify-associated podcaster to speak up about the industry. And Spotify has all those things.It’s true, Gimlet Media is VC-backed. Can it compete with Amazon Prime?One Walmart executive says the new program is "the ultimate life hack." Its slate of mostly narrative-style shows are known for their engaging content that holds a listener’s attention and keeps an audience coming back for more. But Gimlet Media unionized just a month after Spotify acquired the company. (Disclosure: Vox Media’s editorial team, which includes Proud to announce the formation of our union with the Both have been in negotiations since last year, with The Ringer unionizing prior to Spotify’s acquisition and Gimlet doing so only a month after Spotify bought the company. From here, Spotify now can either recognize the union voluntarily, which would set it up to begin contract negotiations, or request a vote from union members to prove they have support. But increasingly, as we looked at the landscape, that became less and less appealing and frankly, like, less and less realistic. 1. The hosts of The Nod, which became a Spotify-owned show after the company acquired Gimlet … And will this be better for the employees that have trusted us to come to the company?”Below, we’ve shared a lightly edited full transcript of Peter’s conversation with Alex and Matt.And I think when you’re trying to work on an agreement of this size, there ... our weekend was basically, it was like a double helix of a to-do list that was intertwining in itself across multiple dimensions, and we’re just trying to check boxes off the list. And there’s basically a disconnect between the number of people who are listening and the amount of shows they’re listening to, and the amount of money coming into podcasting. Heavyweight Check In 4 04/27/2020. That started to feel very compelling.And then in the back of that there is this like, and if we don’t do this, there is that fear of it Full Q&A: Alex Blumberg and Matt Lieber explain why they sold Gimlet to Spotify Spotify doubled down on podcasts last week with a double deal to buy podcast networks Gimlet and Anchor. The company said it plans to spend $400 million to $500 million in … There was a path where we would be an independent company where we would get large enough and profitable enough that we could navigate the stormy seas of media and maybe eventually go public or flow so much cash that we could pay out distributions to investors. “And for us, that felt like a better path where we could realize our ambitions and our goals. It was maddening. Play on Spotify.

“I don’t think you start a company and just be like, ‘I don’t care at all if I will eventually get rich from this company.’ But I can also honestly say that the money was far and away not the driving factor. newsletter And that’s growing quite fast, just globally. To learn more or opt-out, read our Heavyweight Check In 8 06/18/2020. Gimlet podcasts are listened to by millions of people each month. On Wednesday, Spotify said it would buy Gimlet … Apple, under pressure from advertisers and developers, will wait 6 months to enforce new privacy rulesApple and Facebook are fighting again. 5. And partnering with Spotify ... sorry, I always hate when people say “partnering” when what they mean is “being acquired by.” Being acquired by Spotify gives us ... And so for us at this time, we looked at ... our basic idea, the thing that motivates us is that we’re at the second golden age, at the dawn of the second golden age of audio. To me, the driving factor was, will this be better for the work we’re trying to do? Uncovering and explaining how our digital world is changing — and changing us. This time it’s about ads and privacy.Facebook won’t stop Facebook from spreading lies about the electionFacebook is sort of banning political ads in the week before the 2020 election and making other well-intentioned tweaks. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. And there’s just this explosion, this flourishing of new kinds of storytelling, new kinds of programming that’s made possible by on-demand audio. And I was like, oh my God, I can’t send an email! And so I was trying to send this all-staff and like Google had somehow changed this feature. 26:30. I was panicking. Sign up for the On Friday, Recode broke the news that Spotify was in talks to buy the popular New York-based podcast studio Gimlet Media for more than $200 million. Podcasts are probably a half-a-billion-dollar industry this year. Parcast joins Gimlet Media and The Ringer in unionization effortsThe production company says it wants to see Spotify commit to diversity, equity, and inclusion, as well as maintain a reasonable workload and overtime compensation. And it’s growing really fast on Spotify.But the actual size of the industry is still very small. That’s not nearly enough.Larry Ellison has abruptly shut down the foundation he spent years setting upThe Oracle billionaire has made a drastic decision yet again so he can focus on combating Covid-19.The new Apple-Google contact tracing tool finally seems usefulPublic health authorities won’t need to make their own apps in order to use Apple and Google’s exposure notification tool.Walmart+ will finally launch in September. Heavyweight Check In 7 06/04/2020. The Ringer was in the process of unionizing before Spotify acquired it. Those acquisitions were initially undisclosed, but Spotify … 3. Courtesy of Lem Lattimer Streaming-audio giant Spotify shelled out around €300 million, or about $337 million, to buy two podcasting companies — producer Gimlet Media and … “We looked at the path of joining a large platform with global distribution and, you know, multiple billion dollars of revenue and data and discovery and an amazing technology platform that was invested in audio,” Lieber said.


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