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Peter Kafka @pkafka
also if you like Guys Talking About Podcasting @zachthemack and I have something for you later today — PolitiTweet.org
Peter Kafka @pkafka
ps i realize that Journalism Rules require us to have three of these deals before we can make it an Official Trend but I'm calling it anyway — PolitiTweet.org
Peter Kafka @pkafka
A few years ago, Comcast, Fox, Disney and the rest of Big TV were pouring money into digital media startups. That's over. Look who's buying now, though: — PolitiTweet.org
Vox @voxdotcom
Why Spotify and a casino bought The Ringer and Barstool https://t.co/xRjXnh0XrN
Peter Kafka @pkafka
RT @EmilyStewartM: maybe iowa saw all those stories about how after monday everybody was going to leave and stop paying attention and they… — PolitiTweet.org
Peter Kafka @pkafka
RT @mckaycoppins: My story has some more reporting on that dossier pro-Trump operatives have compiled on reporters, and how it's deployed:… — PolitiTweet.org
Peter Kafka @pkafka
@Joab_Jackson airpods are very expensive! but: your phone comes with headphones. you can get super cheap headphones at any bodega or duane reade. or you could just not play a video or a song when you're on the train (or any other public space). — PolitiTweet.org
Peter Kafka @pkafka
Pandemic upside — PolitiTweet.org
Yicai Global 第一财经 @yicaichina
China Gaming Soars as Epidemic Renders Nation Housebound #WuhanPneumonia https://t.co/pccs26CM23 https://t.co/4eSGwKoKtl
Peter Kafka @pkafka
Pandemic upside — PolitiTweet.org
Philip Elmer-DeWitt @philiped
Morgan Stanley: Millions of housebound gamers is good news for Apple https://t.co/ONxP87X3Ee https://t.co/56UNinWhyN
Peter Kafka @pkafka
RT @DelRey: Casper priced its IPO offering at $12 a share, giving it a valuation of around $500 million. Private-market investors last valu… — PolitiTweet.org
Peter Kafka @pkafka
@brooke @qhardy I go with “incredibly oblivious to other people and that’s entirely because of phones, which are destroying what is left of the social contract” but that’s just me — PolitiTweet.org
Peter Kafka @pkafka
Speaking of pods! Me and @loudmouthjulia talked YouTube with @adrs on Reset: https://t.co/N5pP1uMxU6 And me Vox Sma… https://t.co/siJCeXzyYN — PolitiTweet.org
Peter Kafka @pkafka
NYC is very, very diverse. Some people wear AirPods, and some people share the sound of their music and TV shows wi… https://t.co/6NUGx0uNyy — PolitiTweet.org
Peter Kafka @pkafka
RT @DelRey: “The House [antitrust] hearings created an atmosphere...making it impossible for the Federal Trade Commission and the Departmen… — PolitiTweet.org
Peter Kafka @pkafka
@footnoted Right. Again, take a look at the link I included. — PolitiTweet.org
Peter Kafka @pkafka
@footnoted 1) see the other three deals. 2) Spotify CFO said it would be disclosed. — PolitiTweet.org
Peter Kafka @pkafka
@jbenton @BenMullin I didn’t hear the earnings call but you could certainly play it back for yourself! — PolitiTweet.org
Peter Kafka @pkafka
RT @Lucas_Shaw: It’s a good time to start a podcast business and sell it to Daniel Ek. https://t.co/P3sXjI5x6U — PolitiTweet.org
Peter Kafka @pkafka
So presumably whatever variable component is there is one Simmons thinks he and his team can hit. But there is almo… https://t.co/1kzNsljh99 — PolitiTweet.org
Peter Kafka @pkafka
Simmons is well aware that in many M&A deals, earn-outs aren't considered to be realistic goals - folks leave befor… https://t.co/qhogBgyPwz — PolitiTweet.org
Peter Kafka @pkafka
Also, re: Parcast maybe another 10mm for some employees? You can check my work here. https://t.co/8S0XbV0kR3 — PolitiTweet.org
Peter Kafka @pkafka
Anchor: 136mm, plus as much as 9mm for some employees if they hit goals/stick around. Gimlet: 172mm, plus up to 40m… https://t.co/hOxsm0rZjX — PolitiTweet.org
Peter Kafka @pkafka
So, from Spotify's filings - these are in euros instead of dollars because I'm tired and doing this for you for free: — PolitiTweet.org
Peter Kafka @pkafka
And! Since Spotify has disclosed those deals, we can see a trend: Like other people who buy companies, they like to… https://t.co/lDDUrINoyV — PolitiTweet.org
Peter Kafka @pkafka
lol to the nice folks who are texting me and asking me how much Spotify paid for The Ringer. If I knew, it would be… https://t.co/iRBNKLg7Xn — PolitiTweet.org
Peter Kafka @pkafka
@MillerTimePod Agree — PolitiTweet.org
Peter Kafka @pkafka
@digitalshields Let me know when they get a better host https://t.co/fpuh0cfCNP — PolitiTweet.org
Peter Kafka @pkafka
Could ringer do new, Spotify exclusive podcasts? Sure. Some marketing benefit for Spotify there. But they also benefit from owning popular things you can hear anywhere. They can’t do that with music (practically). They can with podcasts. — PolitiTweet.org
Peter Kafka @pkafka
It would be very surprising if Spotify moved popular podcasts it bought away from Apple, etc. Would make them much less valuable. Also, that’s not what they have done with other podcasts cos they bought. — PolitiTweet.org
Mike Shields @digitalshields
I listen to a ton or Ringer podcasts. but never on Spotify. Will my life change @pkafka Thanks, a reader
Peter Kafka @pkafka
@jyarow @BillSimmons They use Chorus, Vox's content management system. I'm sure @Bankoff or @clockwerks would be happy to discuss. — PolitiTweet.org
Peter Kafka @pkafka
@BillSimmons If you're still reading, you must really be into this stuff. So: Deal has been kicking around for months, moved into high gear in last few weeks. Teams negotiated through Super Bowl weekend, and did two overnight sessions; finalized after Spotify released its earnings this am. — PolitiTweet.org