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Daniel Ek

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1742 total appearances

Appearances Over Time

Podcast Appearances

Acquired
Spotify CEO Daniel Ek

And I actually see both.

Acquired
Spotify CEO Daniel Ek

I see some creators who are under-investing in other platforms and probably too singularly, just because they have success on one, they kind of ignore all the others.

Acquired
Spotify CEO Daniel Ek

Which my advice to all of those is that feels kind of dangerous to do, because if there would be an algorithm change or any of the kind, even, you know, unanticipated by the platform, because, you know, they may see that something resonates, watch time resonates better with some other metric.

Acquired
Spotify CEO Daniel Ek

It doesn't have to be skewed as an evil thing.

Acquired
Spotify CEO Daniel Ek

It just could be something that actually benefits the user.

Acquired
Spotify CEO Daniel Ek

But if you built your entire livelihood of that one platform, that could be a big problem for you.

Acquired
Spotify CEO Daniel Ek

So I see them under investing in other platforms.

Acquired
Spotify CEO Daniel Ek

And then the other one also be true, which is they're over investing in too many and not realizing that actually they probably would do better in just focusing more on one or two.

Acquired
Spotify CEO Daniel Ek

And so I think that there's two different problems.

Acquired
Spotify CEO Daniel Ek

I believe that for us and why we care about this and certainly why we designed the home feed the way we did is because fundamentally how we merchandise content has to be very different for music than it is for an audio book or a podcast.

Acquired
Spotify CEO Daniel Ek

And if you think about it, it's kind of logical because in a song, it's a three minute commitment of your time.

Acquired
Spotify CEO Daniel Ek

And you can actually probably tell within the first 10-15 seconds whether this is worth investing your time in or not.

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Spotify CEO Daniel Ek

Unless it's a Radiohead song.

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Spotify CEO Daniel Ek

That is true, that is true.

Acquired
Spotify CEO Daniel Ek

But you probably then know the brand and you know how to give it the time and attention to it, because you're like, well, love Radiohead, I'm gonna give this song a chance.

Acquired
Spotify CEO Daniel Ek

And maybe not just one chance, I'll listen to it a few times before I make up my mind.

Acquired
Spotify CEO Daniel Ek

And obviously, if you now think about that with podcasting, I mean, if I'm listening to you guys, and even if it's a topic I don't necessarily know that I'm interested in, I might give it a shot because it's you guys.

Acquired
Spotify CEO Daniel Ek

And I trust you because I built up this rapport with you.

Acquired
Spotify CEO Daniel Ek

It is a much bigger commitment for sure.

Acquired
Spotify CEO Daniel Ek

But I may give it 10, 15, 20 minutes, right?