The Prof G Pod with Scott Galloway Office Hours: Spotify Subscriptions, Stock Buybacks, and Inflation
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Apr 11, 2022 Dive into the competitive landscape of Spotify as it navigates streaming challenges against giants like Apple and Amazon. Discover how stock buybacks play a crucial role for stakeholders and the broader corporate investment landscape. Unpack the impact of inflation on purchasing power, driven by pandemic-era policies and supply chain issues. Scott sheds light on how wage stagnation affects lower-income households and discusses inflation's dual nature—its benefits and the risks of excess.
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Spotify's Podcast Pivot
- Spotify's move towards podcasts weakens its ad-free music value proposition for subscribers.
- This is because podcasts have ads, regardless of subscription status.
Prof G and Spotify
- Scott Galloway pulled his podcast from Spotify due to concerns about vaccine misinformation.
- He believes this negatively impacted his podcast's growth.
Streaming Market Saturation
- Streaming services face slower growth due to market oversaturation and competition.
- Monopolies like Apple and Amazon further challenge companies like Spotify.