Spotify has had a shift from trying to be like Netflix, now trying to be more like YouTube. Something that strikes me though is it's also one thing it's not trying to be, and that's radio. They've pulled back on this, it was a playlist called The Daily Drive where you would get a little bit of news, music, short form podcasts and also live talk spaces.
For the second time in five months, Twilio announces a round of layoffs.
(0:21) Jason Moser discusses: - How Twilio is cutting costs as they grow - What to watch when the company reports earnings on Wednesday afternoon - Memorable ads from Super Bowl 57
(13:20) Ricky Mulvey talks with Bloomberg entertainment reporter Lucas Shaw about the state of Spotify's business, its podcasting strategy, and whether they need to raise subscription fees.
Stocks discussed: TWLO, BKNG, WDAY, GOOG, DEO, SPOT, AAPL
Host: Chris Hill Guest: Jason Moser, Lucas Shaw Producer: Ricky Mulvey Engineers: Rick Engdahl, Tim Sparks
Learn more about your ad choices. Visit megaphone.fm/adchoices