PBD Podcast Amazon Joins the Podcast Game | PBD Podcast | EP 12
Sep 17, 2020
Discussing Amazon's bold move into the podcasting arena, the hosts explore its challenge to established platforms. The conversation also covers President Trump’s controversial remarks at a town hall and the evolving narrative around politicians using pop culture, highlighted by Biden's attempt to connect with Hispanic voters. They touch on Ray Dalio's views on government spending's impact on currency, McDonald's thriving after the Travis Scott collaboration, and the turbulent world of sports trading cards. A lively mix of humor and current events keeps the discussion engaging.
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Amazon Enters Podcasting
- Amazon is entering the podcasting market with 70,000 podcasts, including popular titles and celebrity hosts.
- While smaller than Apple or Spotify's libraries, Amazon aims to differentiate through Alexa integration and unique tracking.
Amazon's Competitive Edge
- Amazon's entry into podcasting poses a significant threat to existing players like Spotify, given Amazon's resources and data.
- Their methodical approach suggests a strategic advantage, potentially leveraging their vast author network for content creation.
Podcasting's Untapped Potential
- Patrick Bet-David believes the podcasting industry is still nascent, with potential for massive growth and untapped talent.
- Amazon's existing network of authors provides a ready-made content pool and a built-in audience for podcasts.
