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VOICE ARCHIVE

Dan Runcie

@runciedan
7 posts
2024-02-22
BuzzFeed selling Complex has a bunch of angles: • $109M sale price. A fraction of its $294M sale in 2021 • BuzzFeed will still keep Hot Ones • UMG now has a stake in Complex via NTWRK Each of those bullets is its own story.
2024-02-22 View on X
Axios

BuzzFeed sells Complex, acquired for $300M in 2021, to livestream shopping platform Ntwrk for $108.6M; BuzzFeed plans to lay off 16% of its workforce

I read it and realized BuzzFeed is laying off 16% of its own staffers not Complex's Natalie Jarvey / @natjarv : Pretty notable that BuzzFeed is retaining Hot Ones as it sells off C...

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2023-07-22
Spotify will raise prices to $10.99/mo in the US. First price raise since its US launch 12 years ago. Long overdue. $10.99/mo is still a low, low price to access ~100M songs on-demand.
2023-07-22 View on X
Wall Street Journal

Sources: Spotify plans to raise its US ad-free premium tier's price for the first time, by $1 to $10.99/month, and increase prices globally in the coming months

Audio company had avoided raising prices, but faces investor pressure to increase profitability

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2021-02-17
Triller is now accused (again) of reporting higher usage stats to the public than it reports to the rights holders. First Universal pulls its music off the platform, now this? It was all good just a week ago. https://twitter.com/...
2021-02-17 View on X
Billboard

Triller didn't deny the claim from a source that it inflates MAUs to the public and says there's “no legal definition of MAU/DAU”, ahead of expected SPAC merger

“There is no legal definition of MAU/DAU,” says Mike Lu, Triller CEO.  “We are an open ecosystem ... Triller's value is in monetizing users, not MAU or DAU.”

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“There is no legal definition of MAU/DAU,” says Mike Lu, Triller CEO. “We are an open ecosystem ... Triller's value is in monetizing users, not MAU or DAU.” https://www.billboard.com/...
2021-02-17 View on X
Billboard

Triller didn't deny the claim from a source that it inflates MAUs to the public and says there's “no legal definition of MAU/DAU”, ahead of expected SPAC merger

“There is no legal definition of MAU/DAU,” says Mike Lu, Triller CEO.  “We are an open ecosystem ... Triller's value is in monetizing users, not MAU or DAU.”

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2020-07-14
People sleeping on Sirius XM acquiring Stitcher. Stitcher is the only podcast app with significant market share besides Apple/Spotify. Sirius also acquired Midroll, which makes ad sales even easier. Sirius still has to catch up, but this is how to catch up.
2020-07-14 View on X
Variety

SiriusXM will buy E.W. Scripps' podcast network and producer unit Stitcher for $325M; Scripps says Stitcher had $72.5M in 2019 revenue

spotify, apple, and iheart. We haven't heard their strategy yet. Sirius has 33.7 mill subscribers. what percentage already listen to podcasts? Dave Zatz / @davezatz : ~$300m used t...

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2020-07-01
Netflix today: • moves $100M cash to Black-owned banks • announces Ozark season 4 • announces Bozoma Saint John as CMO Damn. Any other flexes coming before COB?
2020-07-01 View on X
Adweek

Bozoma Saint John, veteran of Uber, Apple, and Pepsi-Cola, is joining Netflix as CMO, succeeding Jackie Lee-Joe, who joined Netflix a year ago

Kelsey Sutton / Adweek :

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2020-01-18
Two thoughts: 1. Spotify and Bill Simmons intentionally leak this story on a Friday night of a long wknd to let it simmer and see how the media reacts 👀 2. Joe Budden might lose his spot as the #1 podcast on Spotify https://www.wsj.com/...
2020-01-18 View on X
Wall Street Journal

Sources: Spotify in early talks to buy The Ringer, founded by Bill Simmons, which has a podcast network that had revenue of $15M+ in 2018

The Ringer, founded in 2016 by former ESPN commentator Bill Simmons, has over 30 podcasts  —  Spotify Technology SA SPOT -2.31% is in talks to buy sports …

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