Did Spotify Quietly Transform Podcasts Eternally? Episode #CCXV The Doctor of Digital™ GMick Smith, PhD

Published: Feb. 24, 2022, 9:23 p.m.

In this episode: two under the radar moves feel like the beginning of the end for one of the last sections of the internet to exist outside of the major tech platforms.

Spotify bought two small technology companies. Chartable and Podsights, both founded and headquartered in New York, are hardly household names: with around 50 employees between them, according to estimates from analysts Crunchbase, they’re the sort of acquisitions that large companies make on a regular basis, and often go unnoticed by anyone but industry watchers. But the purchases, both made for undisclosed sums, help explain why the company is so eager to stand firm in the face of criticism from the likes of Neil Young and Joni Mitchell over its broader podcasting strategy – and, specifically, its spending of an estimated $200m on acquiring exclusive rights to the Joe Rogan podcast.

Regardless of whether Spotify succeeds or fails in its efforts, the push feels like the beginning of the end for one of the last sections of the internet to exist independently of the major technology platforms. Just as the rise of social media usurped blogging, the success of YouTube centralised video creation, and, yes, the creation of Spotify itself upended the MP3-based era of online music fandom, podcasts in their current form feel on the edge of an existential change. It’s hard to see how Spotify’s efforts can be successfully fought except through others, like the BBC, retrenching to their own walled gardens, and while a world with twenty podcasting apps is probably better than a world with just one, it would be the end of an era.

Mick Smith, Consultant M: (619) 227.3118

E: mick.smith@wsiworld.com

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