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Live Audio’s Best Years Might be Behind It

Spotify is canceling shows while Clubhouse resurfaces to host a Kanye West chat.

Clubhouse App Photo Illustrations
Photographer: Jakub Porzycki/NurPhoto/Getty Images

Hello, hello. We’ve only got two newsletters left for this year, so let’s make ‘em count. (We’ll be taking off December 29th.) Today we’re talking about the fate of live, social audio and discussing the latest Ticketmaster drama. As always, reach me through email here and if you haven’t yet subscribed to this newsletter, please do so here

Let’s go back to 2020 and remember the glory days of live social audio. Clubhouse launched that March and became an instant sensation. Celebrities, tech executives and influencers spent their time hobnobbing with regular people, and the app provided everyone with social interaction during an isolating pandemic. The app reached a $4 billion valuation and set off an arms race for social audio assets among its competitors.