Spotify debuts music video streaming
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 13 March 2024
⏱️ 6 minutes
🧾️ Download transcript
Summary
Show Notes
Wells Fargo cuts Tesla to Sell with valuation pricey vs. rest of Mag 7
High conviction stocks with U.S. productivity opportunities due to AI
Episode transcripts seekingalpha.com/wsb
Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action news and analysis. |
| 0:10.0 | Good afternoon. Today is Wednesday, March 13th, and I'm your host, Kim Con. Our top story so far. |
| 0:16.0 | Spotify technology is looking to challenge YouTube by rolling out full-length music videos on a limited beta launch for premium subscribers. |
| 0:24.9 | The company will begin to make music videos from a select catalog for premium users available |
| 0:29.5 | in 11 countries. |
| 0:31.0 | The UK, Germany, Italy, the Netherlands, Poland, Sweden, Brazil, Colombia, the Philippines, Indonesia, and Kenya. |
| 0:40.0 | The move puts the music streaming platform in an arena which has been dominated by |
| 0:43.6 | Alphabet's YouTube for years. Spotify said the beta version of music videos |
| 0:48.0 | will begin today with a catalog including hits from artists such as Ed Sheerin, |
| 0:52.0 | Dauge Cat, and Ice, as well as local artists. |
| 0:56.0 | And moving to an almost quintessential Man Bites dog story, the New York Times company is denying |
| 1:01.0 | that it hacked Open AI. Open AI says the Times improperly |
| 1:05.2 | used its products to create highly anomalous results as part of its lawsuit |
| 1:09.5 | against the AI startup. Lawyers for the paper wrote in a brief, conspicuously, open AI's attention- grabbing |
| 1:16.2 | claims at the Times hacked its products is as irrelevant as it is false. The Times |
| 1:21.2 | elicited examples of memorization by prompting GPT4 with the first few words or sentences of Times articles. |
| 1:28.0 | That work was only necessary because Open AI does not disclose the content it uses to train its models and power its user-facing products. |
| 1:37.1 | Open AI did not immediately respond to a request for comment from seeking Alpha. |
| 1:41.1 | In today's trading stocks are mixed with the NASDAQ giving back some of its |
| 1:44.6 | gains from Tuesday's rally the S&P 500 is hovering around the flat line. Society |
| 1:50.1 | general says believe it or not the strong profit cycle in the U.S. is still being driven by |
| 1:55.1 | tech and NASDAQ 100 stocks. With a market cap of $21 trillion, the NASDAQ 100 is now virtually |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Seeking Alpha, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.