Pivot Spotify’s podcast boom, Amazon checks out JCPenny, Kara loves TikTok and a prediction on Shopify
May 22, 2020
Kara and Scott discuss Spotify's powerful new deal with Joe Rogan and its potential shake-up for the podcast scene. Amazon is reportedly eyeing a bid for JCPenney, and there's a dive into Saudi Arabia's investment spree during the pandemic. TikTok is on the rise, especially with its new CEO from Disney, while Scott predicts a major acquisition move from Shopify. They blend humor with serious insights on spending habits and the shifting landscape of tech investments, providing a lively take on today’s business dynamics.
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Podcasting's Future
- Spotify's deal with Joe Rogan signals a shift in podcasting.
- Big tech companies will likely acquire more podcasts to build platform loyalty.
Podcast Advertising Inefficiency
- Advertising in podcasting is inefficient and undervalues consumers.
- Subscription models offer better monetization and user experience.
Rogan's Controversy
- Kara Swisher mentions Joe Rogan's controversial comments, like the one about a movie theater.
- This controversy, however, contributes to his popularity and appeal.