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Stephanie Turner
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6 months ago
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Amazon Music will start offering free audiobooks following Spotify's lead
- Amazon will offer 1 free audiobook/month
- Spotify started doing the same last year
- The decision will be an evolution for Amazon Music Unlimited
- The service will become “the premier destination for audio entertainment”
- The offering will be different from Audible (Amazon's service)
- It will not be possible to save audiobooks through Amazon Music
- Amazon Music and Audible are created for different segments
- Subscriptions to the Amazon Music service cost $10.99/month
- This makes it slightly pricier than Spotify ($11.99/month)
- Spotify offers 15 hours for its audiobooks/month
- That said, Audible is talking about record audience growth
- Audible's subscriber growth isn't hindered by Spotify's competition
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Stephanie Turner
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Mediaocean buys AdTech company Innovid for $500 million
- Mediaocean helps manage advertising deals
- Innovid is focusing on connected TV
- Mediaocean buys Innovid for $500 million ($3.15/share)
- Innovid and Flashtalking want to merge after deal
- Innovid will expand Mediaocean's capabilities for brands
- Particularly in controlling data and costs
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- More competitors: Integral Ad Science, Do
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Stephanie Turner
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6 months ago
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MicroStrategy has bought $4.6 billion worth of bitcoins again
- MicroStrategy bought nearly 51.8k bitcoins for $4.6 billion
- This is MicroStrategy's largest purchase in the last 4+ years
- The company first started buying bitcoins 4+ years ago
- Its last bitcoin purchase was on November 11-17, 2024
- It now owns a total of $29+ billion worth of bitcoins
- The company buys bitcoins to protect against inflation, etc.
- MicroStrategy initially bought them with
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