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Stock impact report

Podcast wars: $100 million startup Luminary launches tomorrow without Reply All or The Daily [The Verge]

New York Times Company (The) (NYT) 
Last new york times company (the) earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: The Verge
Podcast wars: $100 million startup Luminary launches tomorrow without Reply All or The Daily It took less than a day for Luminary revolted “This is toxic,” one person responded. “Luminary don’t need customers,” said another. Luminary CEO and co-founder Matt Sacks looks back on the situation now and tells me, “It was a mistake. It was a miss, and we own that. The bunny put a foot in our mouth.” What the $100 million venture-backed podcasting company was trying The New York Times and Spotify have asked Luminary to withhold their shows “We really do feel like what we’re introducing is choice and optionality and trying to help elevate premium and paid podcasting, which would be good for creators and listeners, as well,” he says. But the industry hasn’t accepted Luminary or its impending launch. When it rolls out to the public on iOS, Android, and the web, Luminary’s podcast app will be missing some of the industry’s biggest shows, including The Daily Reply All Homecoming By withholding th Show less Read more
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