Pivot More Bad News at Spotify, Amazon’s Ad Business Revealed, and Guest Wajahat Ali
Feb 8, 2022
Wajahat Ali, author and columnist, joins the conversation with sharp insights on culture and identity. He discusses his book, which humorously tackles the complexities of the American experience. The podcast explores the challenges faced by Meta in Europe, Spotify's content controversies, and Amazon's burgeoning ad business. They also reflect on the declining interest in traditional sports like the Olympics and critique ethical dilemmas in capitalism, emphasizing the importance of authentic storytelling in combating stereotypes.
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Meta's European Bluff
- Meta's threat to leave Europe is likely a bluff, given the potential financial impact.
- Their stock would plummet if they left their second-largest market.
Facebook's Decline
- Facebook's declining market value reflects its loss of distribution control and competition from TikTok.
- Their pivot to video is a response to this competition but might not be enough.
Olympics' Declining Viewership
- The Olympics' declining viewership isn't due to disinterest in sports.
- It suggests the Olympics has lost relevance, possibly due to distribution, politicization, or lack of compelling narratives.
