Spotify’s Podcast Aggregation Play

Ben Thompson, writing at Stratechery:

Basically, the wall that Spotify can put up around podcasts is much stronger than the one it can put up around music, and podcasters have fewer alternatives. Or, to put it another way, podcasts are a market where Spotify — to the extent they are willing to pay — actually has power over supply. […]

To put it another way, Anchor is a means of generating supply, and it is supply that has always stood in the way of Spotify’s ambitions to be an Aggregator. Aggregators bring suppliers onto the platform on their terms; Spotify, on the other hand, has had to scratch and claw to get labels to give them the music they needed to be viable. And again, the acquisition of Gimlet Media, while better from a long-term leverage perspective, is not a big improvement: Spotify almost certainly overpaid if the only goal was to obtain supply.

This is, as always, a very smart take.

8 Things You Need to Set Up Your Home Recording Studio

Rolling Stone

Rolling Stone:

For Bryce Avary, lead singer of The Rocket Summer, having a home studio is all about flexibility, and having the freedom to create on your own schedule. “I’m constantly writing and making music and I like to see where the music leads me as it’s happening, follow it, and then capture it right in the moment,” he says, citing his last album, “Zoetic,” which he recorded in a tiny room of a house at the bottom of Laurel Canyon in Los Angeles.

PledgeMusic Suspends Active Campaigns

Money

PledgeMusic has stopped running active campaigns:

We are in discussions with several interested parties about a potential partnership with or acquisition of PledgeMusic. These conversations, if successful, would lead to a transaction which would allow us to meet all of our outstanding obligations. As a result, we are hopeful that, as long as the company is given some breathing space to operate, a solution to these current problems will be found.

Yikes.