- Time To Ship
- Posts
- Music to my ears
Music to my ears
Coinbase restructures product, Amazon strengthens Prime, Instagram to enable in-app NFTs
Change is afoot. The Coinbase CPO is out, and the product org's getting restructured. There'll now be four product teams (consumer, institutional, dev tools, infrastructure), and each team will report directly to the CEO. It'll be interesting to see how strategy shifts with the founder running product.
Wait... They shipped what!?
Amazon expanded its "free" Prime Music offering across both music and podcasts.
Details: At no extra cost, Prime Subscribers now get a few extra goodies:
Ad-free access to Amazon Music's entire 100 million+ song catalogue
BUT not fully on demand, as users must shuffle artists, albums, or playlists
Ad-free access to in-house podcasts + some external ones
Amazon's also shipping Podcast Previews, a discovery feature letting users preview soundbites from podcasts prior to diving in.
Why it matters: Earlier this year, Prime increased its annual subscription fee from $119 to $139. After adding MGM and Thursday Night Football, Amazon continues to invest in strengthening the service so folks don't churn due to recession worries.
The expanded catalog also squarely takes aim at Spotify's free ad-supported plan. Prime users on that tier now get a better alternative, as Prime Music is effectively the same offering but without ads.
Separately, if the Podcast Preview feature is successful, it could lead to a major shift in how podcasts acquire new listeners. It'll be a tough nut to crack as discovery's long been an issue in the podcast sphere, but I'm excited to see how it plays out.
Features & products hot off the press
Big tech
Google integrates Lens directly into its search box
Gmail unveils a package tracking feature
Twitch ships Guest Star, allowing users to create talk-show experiences
Waymo launches autonomous robotaxi rides to Phoenix airport
Netflix rolls out its new ad-supported tier
Google Play unveils new ad formats and priority for high-quality apps
Google Assistant gets parental controls and kid-friendly answers
Instagram to let users create and sell NFTs in-app
General and early-stage
Getting 1% better at building product
Pricing - Product frameworks for scalable unit economics, by Dee Sahni
Collaboration - Managing upwards as a PM, by Aakash Gupta
Broader tech happenings
Evan's store. Snap partners with Amazon on in-app AR shopping
Tightening purse strings. Chime cuts costs and lays off 12% of staff
Up up and away. Paramount+ plans to raise prices
VentureFox. Mozilla launches a $35m fund for "responsible tech"
Murky waters. Qualcomm forecasts a larger decline in phone sales
Courtesy of mindless Twitter scrolling
And that’s a wrap for today. Stay tuned for more!
- Amol