> Spotify saw a space without middleman and thus an opportunity to lock itself in as the middleman. They misjudged commitment to the podcaster, the way XM radi

> Spotify saw a space without middleman and thus an opportunity to lock itself in as the middleman. They misjudged commitment to the podcaster, the way XM radio did. Howard Stern and Joe Rohan are now pale echoes of the cultural forces they were before they let for pay middlemen in between them and their listeners.