Code Media@Home with Lydia Polgreen - Recode

Spotify's growth strategy focuses on comprehensive content experiences, podcasting, and alternative revenue streams. Learn how the company is driving audio consumption growth through diverse content and seamless listening experiences.

Key takeaways
  • Providing a comprehensive content experience is a crucial aspect of Spotify’s growth strategy.
  • Podcasting continues to thrive, with Apple and Spotify leading the way in terms of adoption.
  • The rise of alternative revenue streams, such as paid newsletters and premium advertising, is an exciting trend in the digital media landscape.
  • The news media’s handling of the 2020 US presidential election was widely criticized, with many feeling that the industry failed to effectively cover the campaign and its aftermath.
  • Spotify’s focus on creating engaging, high-quality content is a key factor in its success.
  • Gavin Smith, the founder of Gimlet, was in attendance at the Code Media conference.
  • Podcasting has the potential to be a major driver of audio consumption growth, with roughly 60% of Americans aged 12 and up having listened to a podcast in the past month.
  • Spotify’s investment in Gimlet has helped to further solidify its position in the podcasting space.
  • The company’s focus on creating a diverse range of content is key to its success, with a broad range of genres and topics available.
  • Spotify’s foray into audio advertising is an exciting development, with the company’s advertising business helping to drive growth and revenue.
  • Providing a seamless, high-quality listening experience is a crucial aspect of Spotify’s strategy.
  • The rise of alternative forms of media, such as podcasts and online content, is changing the way people consume information.
  • The launch of new formats, such as video podcasts, is an exciting development in the podcasting space.
  • Spotify’s focus on creating engaging, high-quality content is a key factor in its success.
  • The rise of online audio platforms is changing the way people consume music and other forms of audio content.
  • Spotify’s acquisition of Gimlet has helped to further solidify its position in the podcasting space.
  • The company’s focus on creating a diverse range of content is key to its success, with a broad range of genres and topics available.
  • The rise of alternative forms of media, such as podcasts and online content, is changing the way people consume information.
  • Providing a seamless, high-quality listening experience is a crucial aspect of Spotify’s strategy.
  • The company’s focus on creating engaging, high-quality content is a key factor in its success.