Media update w.2106


Tech

  • E-commerce index shows pessimism for the same momentum in growth, scepticism comes from increased delivery prices, semi-conductor shortages and reduced real-wages DiDigital
  • Spotifycontroversy with Joe Rogan continues and owners such as the New York Pension fund requires the company to clarify its policy on misleading and similar content HR | Reuters and on top of all of this – Joe Rogan gets invite to join Rumble for USD 100M (same amount Spotify offered Mr. Rogan a while ago) – let’s see how this story continues DiDigital
  • Facebook lost 230 Bn in market value last earning following its first loss of Active users and reduced sales because of Apple’s new privacy settings and limitations Tortoise 
  • Adyen adds Swish as payment method for Swedish buyers on international e-commerce websites DiDigital
  • The Boring Company completes first piece of their tunnel – continues to amaze me this Elon Musk and his companies – the determination and execution is simply marvellous Business Insider
  • Peter Thiel to retire from Meta’s Board of Directors after 17 years as a Director at the company Meta

Media

  • Barry McCarthy former Netflix CFO and Spotify CFO joins Peloton (who just shred >2 000 employees) as CEO. Good or bad sign for Spotify? Peloton? TechCrunch
  • Disney+ continues to gain subscription momentum adding 11.8 M subs to 129 M total subs TechCrunch
  • Churn details on streaming services tracked by the WSJ
  • Tom Hanks’ and SF Studios’ a Man called Otto sells to Sony for USD 60M Deadline
  • Spotify continues their bet on advertising within podcasts (or any streamed content) by acquiring Podinsights and Chartable TheVerge

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