Home The Big Story The Big Story: Spotify’s Dilemma And An Olympic Challenge

The Big Story: Spotify’s Dilemma And An Olympic Challenge

SHARE:
The Big Story podcast

The power of platforms to push content – or decide to pull it – was under scrutiny once again last week, when big-name musicians pulled out of Spotify to protest the misinformation flowing from the mouth of the audio platform’s $100 million exclusive podcast star, Joe Rogan.

The experience is a familiar one for many of Spotify’s platform peers, from YouTube to Facebook to Twitter. But while Facebook weathered an advertiser boycott, Spotify is experiencing a creator defection. Having lured a controversial creator to its platform in the form of Rogan, Spotify now must reckon with the fallout of what he says.

But if getting in hot water over unsavory content is a familiar phase on a platform’s path to maturity, here’s another marker: figuring out a first-party data and identity strategy. Another top audio platform, SiriusXM, is building a home-grown identifier it calls AudioID in an effort to get a single view of users across its multiple acquisitions.

Then, we turn our attention to the Beijing Olympics. The US diplomatic boycott of the games has put the sporting event into a weird gray zone. Planned TV coverage of the event seems light, sports articles gushing about athletes feel close to nonexistent – and advertisers appear reluctant to add those very expensive interlocked Olympics rings to their ad campaigns.

What’s more, the Super Bowl is crashing the sports party. The big game goes down during the Olympics. And since many of us are still working from our living rooms, B2B companies have decided to crash, too – interrupting the entertainment-focused vibes that were once the bread-and-butter of the Super Bowl with Super Bowl ads of their own. Live sports just aren’t the same anymore.

Must Read

The Trade Desk’s Revenue Growth Stalls As Big Brands Tighten Their Belts

“Our revenue growth is below our expectations and below the standard we hold ourselves to,” The Trade Desk CEO Jeff Green told investors.

Comic: Measuremints

Nielsen Is Acquiring DoubleVerify For $2.15 Billion

On Thursday, Nielsen entered into a definitive agreement to acquire DoubleVerify in an all cash transaction valued at approximately $2.15 billion.

WBD Hopes To Buoy Linear TV Long Enough For Streaming To Find Its Way

Warner Bros. Discovery cited softer ad sales growth and the continued decline of linear TV as its reasons for missing investor expectations in Q2. Unsurprisingly, streaming ads are the biggest bright spot on WBD’s earnings report card.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: The Mobile Freight Train

AppLovin Asks For Patience As It Grows Its Ecommerce And Consumer Ads Business

“We’re deemed a new bucket, so a testing category,” AppLovin CEO told investors regarding its nascent consumer and ecommerce ads business. “And to graduate up takes time. This stuff compounds over quarters and years.”

Magnite Doesn’t Want To Be A DSP. It Just Wants To Own The Decisioning Layer

On Wednesday, Magnite CEO Michael Barrett painted a picture of a company that’s edging into the buy side by adding more DSP-style capabilities for planning and activation.

For Cuisinart, AI-Generated Ads Are As Handy As A Kitchen Blender

Cuisinart’s marketing team has been eager to take advantage of generative AI-based creative.