Pivot Amazon’s podcast acquisition, what led to Slack losing its lead, and Trump's move on 230
Dec 4, 2020
In a lively discussion, the hosts dive into Amazon's bold $300 million acquisition of Wondery, reshaping the podcast landscape. They explore the implications of Trump's push to repeal Section 230 amid defense spending debates. The conversation also touches on food insecurity, emphasizing the need for better grocery logistics. Amusing anecdotes from a global event and reflections on political dynamics provide a humorous backdrop to serious topics. Tune in for insights on corporate responsibility and the future of grocery shopping post-pandemic!
AI Snips
Chapters
Books
Transcript
Episode notes
Podcast Futurization
- Amazon is acquiring Wondery for $300 million, signaling podcast "futurization."
- This means podcasts are now features to sell other products, not just standalone content.
Wondery's Vision
- Scott Galloway knows Wondery CEO Hernan Lopez and praises his bold, visionary work.
- Wondery's success with shows like Business Wars and WeCrashed validates their risky bet on high-quality podcasting.
Featurization Strategy
- Companies like Amazon are "featurizing" profitable businesses by acquiring them at high multiples.
- This strategy, similar to Amazon's approach to shipping, uses features like podcasts to drive loyalty and NPS scores.
