Tweeps just announced that Recorded Spaces is imminent AND easily listening to Recorded Spaces will come with it.
(Small rollout at first, then expanding quickly after.)
Summary: Twitter’s entree into podcasting will be native audio…easy to see where it goes from here.
$TWTR
Another box to check on my checklist:
The implication is asynchronous audio is coming to TWTR, obviously including podcasts.
Recorded audio is a new surface for ADVERTISING. Inserting ads into recorded playbacks, where TWTR shares revenue with Creators…IFF they’re active professionals on Twitter (eg Super Follows).
Recorded audio is truly a new surface area for ads for Twitter.
Huge possibilities.
And it will launch with proprietary UGC audio (Spaces). Very unique versus just another me too podcasting app.
If done well, recorded audio pries open massive new frontiers for Twitter usage/$.
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AmEx ($AXP) reported Q3. Bellweather for consumption & travel
• TOTAL spend volume passed 2019
• Global Travel & Entrtnmnt still off (will hit 80% of 2019 in Q4)
• Loan balances keep paying down (people reducing debt)
• Gen Z & Millnls biz up huge
• Perfmnc marketing💪
1/x
Look at Millnnils & GenZ. 70% of new platinum adds in this demo.👇
Part of this is aging into the product.
But also performance marketing combined w/ rewards positioning of AmEx cards. AmEx has unmatched travel & "experience" rewards + superior online/digital self-service.
2/x
Large & Global Corp spending - which is heavily influenced by business travel (and meals, client-facing events, etc.) - still down massively.
W/r/t travel:
- US is 80%+ of 2019
- Int'l still down by 50%
AmEx is becoming more and more of a consumer & SMB spend product.
TLDR:
$TMUS should merge with a cableco. Dexter can even picture Comcast and $VZ merging.
Altice would love to buy more cable assets, but very little has been for sale. Small purchase this week.
10%+ eq FCF yields & 3% cost of debt: expect us to keep buying back shares.
2/
Cablecos don’t need to bundle video. You end up hating us, because we have to pass through content price increases that $DIS forces on us. That leads to frustration & customer calls.
Let’s give you an awesome connection and easy tools to assemble & search content ala carte.
3/