Spotify’s Big Bet On Podcasts Is Failing, Citi Says

An anonymous reader quotes a report from CNBC: Spotify’s multimillion-dollar bet on podcasting may not be working out, Citi analysts wrote in a note to clients Friday. “The cadence of Premium gross additions (through 3Q20) and app download data (through 4Q20) do not show any material benefit from recent podcast investments (that began in 2019),” the analysts wrote. The firm downgraded…

Spotify To Buy Podcast Ad Company Megaphone for $235 Million

Spotify’s making another big podcasting acquisition. The company said on Tuesday it has entered into an agreement to acquire ad tech company Megaphone in a $235 million deal. The companies declined to say whether the deal was in cash, stock or a mix of both. From a report: Megaphone offers technology for podcast publishers and advertisers seeking targeted slots on podcasts….

We Lose A Lot When Podcasts Go Closed Instead Of Open

Mike Masnick, writing at TechDirt: Last year, when Spotify purchased a bunch of podcast companies, we worried that it foretold the end of the open world of podcasting. You can get a Spotify account for free, but unlike most podcast apps, you can’t get any podcast you want via Spotify. Spotify has to agree to host it, and as a podcast…

Joe Rogan is Moving His Podcast, One of the World’s Most Popular Podcasts, Exclusively To Spotify

“The Joe Rogan Experience,” one of podcasting’s longest-running and most popular shows, will be launching on Spotify exclusively this year. From a report: The Rogan-hosted comedy talk-show series will debut on Spotify on Sept. 1, 2020, on a nonexclusive basis — before becoming exclusive to the platform later later in 2020 under the multiyear licensing deal. With Rogan, Spotify has landed…

Slashdot Asks: What’s Your Favorite Podcast?

Pocket Casts, one of the most widely used podcast apps, has shared a list of podcasts that were most subscribed by its user base this year. Top 10 podcasts this year were: 1. The Joe Rogan Experience. 2. This American Life. 3. Stuff You Should Know. 4. Serial. 5. The Daily. 6. Reply All. 7. Waveform: The MKBHD Podcast. 8. Dan…

Oculus CTO Carmack Downplays Consumer AR, Calls Magic Leap Overhyped

An anonymous reader shares a report: In the world of mixed reality hardware and software, few people have the expert-level credibility of Oculus CTO John Carmack, whose pioneering 3D work at id Software broke new ground on personal computers years before he turned his attention to bringing VR hardware to life. While Oculus’ owner, Facebook, recently suggested that the future of…

Jordan Peterson Announces Free Speech, Anti-Censorship Platform ‘Thinkspot’

Psychologist Dr. Jordan B. Peterson announced a subscription-based free speech platform called ‘Thinkspot’ on Wednesday that promises to provide users the best features of other social media platforms, but without censorship. From a report: It’s being marketed as a free speech alternative to payment processors like Patreon in that it will “monetize creators” and as provide a social media alternative to…