Analysts Say Spotify’s Podcasting Isn’t Working Out

Citi analysts wrote to clients their belief that Spotify’s foray into podcasting hasn’t been working.

The cadence of Premium gross additions (through 3Q20) and app download data (through 4Q20) do not show any material benefit from recent podcast investments (that began in 2019). The firm downgraded the stock to sell from neutral. Spotify’s stock was down more than 6.5% in the afternoon.

Remote Reflections from CES — Mac Geek Gab 853

Your two favorite geeks “went” to CES last week, and have some stories to share. Cool Stuff Found abounds, as well as some thoughts on this year’s trends. Of course, they didn’t leave home, so they still had time to answer your questions, find some Quick Tips, and make a show out of it all. Press play and listen as John and Dave help us all to learn at least five new things!

Apple Feels Schadenfreude as Amazon is Accused of eBook Price Fixing

Nine years after an investigation found that Apple and the “Big Five” book publishers colluded to fix eBook prices to compete with Amazon, Amazon has now been accused of doing the same.

The lawsuit claims that almost 90% of all ebooks sold in the US are sold on Amazon, in addition to over 50% of all print books. The suit alleges that ebook prices dropped in 2013 and 2014 after Apple and major publishers were successfully sued for conspiring to set ebook prices, but rose again after Amazon renegotiated their contracts in 2015.