Spotify’s acquisitions of Gimlet and Anchor signal ambitious plans to disintermediate the music industry. Spotify is using podcasts to validate their ability to use technology to disintermediate the process of producing, distributing, and optimizing music in a way that is cost effective and provides the least points of friction given their current reliance on record labels.
Source: The Record Label of The Future is No Label At All – Denisha Kuhlor – Medium