Mergers that look perfect on paper die of culture clash
Quote
I've seen this in my industry. With a few really good examples of two companies that merge and own paper, it looks like a perfect match. But you get in there and the the culture of one does is like really irritating to the culture of the other one.
Episode 138: Lost on Wood (episode page, opens in a new tab) 00:16:55 (play audio from this timestamp, opens in a new tab)
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Summary
On Spotify and Dawn Ostroff's Hollywood strategy: Dave has seen companies merge that look like a perfect match on paper, but one culture irritates the other. They never fully integrate, and the thing falls apart.
Also said
Episode 38: Episode 38 00:28:28 (play audio from this timestamp, opens in a new tab)
you have to be very careful when it comes to mergers and acquisitions. I mean, that's across the board, not just in podcasting, not just in media, mergers and acquisitions are not a thing that just works out.
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