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Spotify shifts strategy as investors look to future of podcasts

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Joe Rogan’s podcast will no longer be exclusive to Spotify, as the streaming giant embraces distribution on other platforms.

The Wall Street Journal reveals a new revenue-sharing agreement tied to ad sales, marking a departure from Spotify’s traditional exclusive content model.

While the exact terms of Rogan’s contract, including a minimum guarantee, remain undisclosed, this shift suggests Spotify is prioritizing ad revenue over exclusive deals. This strategic pivot comes after Spotify’s earlier approach of acquiring studios like Gimlet and Parcast to create exclusive content.

Investors are optimistic about the potential profitability of Spotify’s revamped podcast business, but this move may raise concerns in the broader podcast industry, where exclusive deals have been a longstanding norm. As Spotify navigates this change, it signals a dynamic shift in the podcasting landscape and prompts speculation about future industry trends.

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NASA astronauts phone home, confident Boeing’s Starliner will return to Earth safely

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Stranded NASA astronauts express confidence in Boeing’s Starliner spacecraft, assuring its capability to safely transport them back to Earth from the International Space Station.

The astronauts, over a video call to NASA, highlighted Starliner’s enhanced safety features and testing protocols as reassuring factors for their safe return.

“I have a real good feeling in my heart that this spacecraft will bring us home, no problem…”, said Sunita “Suni” Williams, one of the stranded NASA astronauts.

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Leaders

Franchising vs. Independent: key differences to choosing the right SMB model

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With latest Australian Federal budget, many SMB’s are weighing their options when selecting a suitable business model.

Franchising provides brand recognition, operational support, and economies of scale but involves ongoing fees.

Independent businesses offer full control and profit retention but face higher costs and regulatory challenges.

For risk and reward, the franchising model reduces risk through established practices and support but involves ongoing fees and profit-sharing with the franchisor.

On the alternative, independent businesses retain full control of profits but face higher risks and responsibilities in managing the business.

Sonia Shwabsky, CEO at Kwik Kopy Australia, joins to share her key insights on SMB’s. #featured

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Money

Boeing face delivery delays following guilty criminal charge plea

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Boeing’s deliveries are down after months of controversy, is it because they can’t make the planes, or because airlines right now don’t want them?

Boeing has agreed to plead guilty to a charge of conspiracy to defraud the United States in connection with the investigation into two fatal crashes involving its 737 MAX aircraft.

Boeing reported a significant 27% decrease in deliveries for June compared to the same month last year, possibly attributing the decrease to the companies ongoing controversies.

Aviation expert Geoffrey Thomas joins to discuss. #featured

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