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How Spotify Pivoted From Music App to Audio Empire

In this episode of The Pivot Podcast, Lucas and Luna explore how Spotify transformed from a struggling music-streaming startup into a dominant audio platform. They focus on the decisive 2019 pivot into podcasting—the billion-dollar bet on exclusive talent like Joe Rogan and the strategic acquisitions of Gimlet, Anchor, and Megaphone. Lucas breaks down the numbers: how the shift reshaped revenue from almost entirely music royalties to a growing advertising and subscription mix. They discuss the risks of platform dependency, the backlash from artists and regulators, and whether Spotify's…

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