Spotify’s Very Expensive Podcast Moat

Music streaming is crowded with competitors. Can Spotify’s podcast gamble keep it ahead of the pack?

Kevin LaBuz
Marker
Published in
7 min readJun 21, 2021

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Thomas Trutschel / Getty

“When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.” — Warren Buffett

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Kevin LaBuz
Marker

Head of IR & Corporate Development at 1stDibs. Previously finance at Etsy, Indeed, and internet equity research at Deutsche Bank. Find me on Twitter @kjlabuz.