Joe Rogan’s podcasting deal with Spotify was worth at least double previously believed, according to a report from The New York Times. On Thursday, The Times reported the streaming services’ exclusive arrangement with The Joe Rogan Experience was priced at “at least $200 million” for three and a half years, according to two anonymous sources — far exceeding the originally reported deal sum of more than $100 million. This puts the former Fear Factor host and comedian’s deal in the same ballpark as Spotify’s acquisition of entire audio studios — like Gimlet and Ringer — for slightly less than $200 million. The spending was all part of the company’s plan to become a premier destination for all audio content, not just music. Music, for the streaming service, has not proven to not incredib...
Ava DuVernay’s production company Array has cut ties with Spotify, The New York Times reports. The decision comes just a year after Array signed an exclusive, multiyear deal with Spotify to produce podcasts. No projects were released, but several scripted and unscripted series had been in development. Neither DuVernay nor Array has given a reason for the split, and Spotify has not offered comment. But the A Wrinkle in Time director joins a growing list of artists who have exited the streaming giant in recent weeks, ever since Neil Young called out the company for spreading COVID-19 misinformation on The Joe Rogan Experience. Since Young’s music was removed, many artists have either followed suit or offered their support to Rogan, and #CancelSpotify t...
Brené Brown posted a message on her website Tuesday night (Feb. 8), sharing that, despite recent controversies, she remains committed to podcasting on Spotify and amplifying issues and voices that matter. Brown had, on Feb. 1, shared the decision to pause her podcasts, Unlocking Us and Dare to Lead, to learn about the music giant’s policies in the wake of COVID-19 misinformation. “Unlike some creators, I don’t have the option of pulling my work from the platform,” Brown noted. This was an indirect reference to musicians including Neil Young and Joni Mitchell, who have removed music from Spotify in protest of the streamer distributing Joe Rogan’s controversial podcast. “I’m always going to stand firmly on the side of free speech, so I had a lot of lea...
Neil Young’s war against Spotify rages on for a third week: In a new letter posted to his website, Young not only encouraged musicians to leave the platform, he also advised Spotify’s employees leave the company “before it eats up your soul.” Young’s latest swipe at Spotify came at the end of a longer letter about misinformation and corporate greed. He noted that just 5% of America’s financial assets are in the hands of millennials (as compared to 70% held by baby boomers). He also argued for a boycott of banks like Chase, Citi, and Bank of America, which contribute financially to “the mass fossil fuel destruction of Earth.” Regarding Spotify, Young advised his fellow creators to “find a better place… to be the home of your art.” So far, artists including Joni Mitchell, David Crosby, Steve...
Neil Young isn’t letting go of his anti-Spotify sentiments just yet. In a post shared on his Neil Young Archives website, the rocker continued to rip Spotify and its CEO, Daniel Ek. He also encouraged Spotify employees to leave the streaming giant. “To the workers at SPOTIFY, I say Daniel Ek is your big problem – not Joe Rogan. Ek pulls the strings. Get out of that place before it eats up your soul,” Young wrote. “The only goals stated by EK are about numbers – not art, not creativity.” On top of taking yet another swipe at Spotify, Young also had a few choice words for big banks as well. In particular, in Young’s crosshairs, are Chase, Citi, Bank of America and Wells Fargo. “To the baby boomers, I say 70 percent of the country’s financial assets are in your hands compared with just about ...
In late January, Neil Young issued an ultimatum to Spotify in response to The Joe Rogan Experience’s willful platforming of vaccine misinformation—resulting in Young’s catalog’s swift takedown from the streaming service. His critique quickly snowballed, with other notable artists removing their own music in protest of Spotify’s profit off Rogan’s message via an exclusive, $100 million-dollar deal—including Joni Mitchell, Nils Lofgren, Crosby, Stills, & Nash, and india.arie (who significantly noted Rogan’s “language around race”). Music fans en masse showed their support, opting to #DeleteSpotify and contributing to a company market loss reported between $2.1 billion to $4 billion—meaning an estimated $1 billion plummet in net worth for founder and CEO Daniel Ek due to his stake in the ...
Spotify CEO Daniel Ek has addressed the weeks-long blowback against his company, and for the “deeply hurtful” remarks that have surfaced from Joe Rogan, whose podcast triggered the latest round of controversy. In a letter sent to Spotify employees, seen by Billboard, Ek says he “strongly” condemns Rogan’s prior use of “racially insensitive language,” which, he continues, does “not represent the values of the company.” Explore See latest videos, charts and news See latest videos, charts and news The Swedish executive has spoken with Rogan and his team about of the content in the show, and, according to Ek, the message got through. The show will go on. Rogan and his under-fire podcast, the Joe Rogan Experience, has been the heavily criticized in recent weeks for the raconteur’s decision...
Spotify CEO Daniel Ek called Joe Rogan’s past use of racial slurs “incredibly hurtful,” but doubled downed on keeping Rogan’s podcast on the streaming service. In a letter sent to Spotify staff on Sunday (via The Hollywood Reporter), Ek said he does “not believe that silencing Joe is the answer. We should have clear lines around content and take action when they are crossed, but canceling voices is a slippery slope.” Last week, amid a controversy surrounding Rogan’s penchant for spreading misinformation about COVID-19, the singer India.Arie shared a video highlighting 24 instances in which Rogan used the N-word during episodes of his podcast. Advertisement Related Video Spotify quietly removed 70 episodes of The Joe Rogan Experience — at Rogan’s request, according to Ek. Rogan also issued ...
A great trader finds a way to play both sides of the market. Though navigating equity markets is not exactly in his core job description as a touring DJ and electronic music producer, THIEVES has found an additional stream of income from Spotify aside from his monthly royalties. And he says it’s paying far better dividends. “I’ve made more money shorting Spotify this month than they’ve paid me in royalties thru [sic] my whole music career,” THIEVES tweeted. “Shorting Spotify stock is my new career it seems.” THIEVES has amassed over 15.5 million streams on his top 10 most popular songs on Spotify alone. While he’s had no trouble marketing his music on the platform, Spotify’s compensation per stream is roughly $0.004 on average—a point of frus...