This is a solo episode! I break down four important topics:Saudi Arabia investing in musicThe “Song of the Summer” is no morePop star decline: winners, losers, and trendsSpotify’s podcast strategy and the creator economy
[00:04:22] Saudi investors exploring entertainment and tech, except music.[00:07:50] Music festivals present opportunity for strategic investment.[00:08:47] Investment activity in acquiring back catalog.[00:13:12] Songs of summer: fragmented, subjective, lost meaning.[00:16:52] Song anticipates spring/summer, dominates airwaves, summer-themed video.[00:20:51] Pop star decline: articles highlight big changes.[00:24:22] Limited inventory shifted to infinite digital options.[00:28:20] Music industry shifts in less than a decade.[00:32:12] Valuable data for advertisers and podcasters.[00:36:05] ConvertKit founder rejects Spotify acquisition attempt; insights on equity sharing for bootstrap businesses. Podcasters' success rate low but valuable. Creator economy companies seek capital for growth.[00:38:27] Unicorn-like success stories, underestimated expectations.[00:41:27] Personalized services to artists, potentially disrupting the traditional role of major record labels.
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