Malone, who is one of the pioneers of mRNA vaccines, said official COVID figures are not to be trusted because hospitals get bonuses if patients have the virus and that the government was 'out of control' and suppressing data.
In the earnings call with investors, Ek said that the company will not change its policies based on one creator or change it based on “any media cycle or call from anyone else.” Ek ultimately defended the company’s continuing use of Joe Rogan’s podcast in a heated employee town hall after the company reported weak quarterly earnings in February.Music legends Neil Young and Joni Mitchell were among singers to have their music removed from Spotify in protest of comments made by Rogan on his showĪlthough Rogan previously admitted he was not vaccinated and expressed doubts about the vaccine on his show in the past, he received widespread backlash after inviting anti-vax doctors Robert Malone and Peter McCullough in December.īoth men made controversial claims on the show, which has 11 million people tuning in every episode. And ad-supported revenue accounted for a record 15% of total revenues in Q4, with a double-digit increase in monthly active users engaging in podcasts compared to Q3.Įarlier this month, Spotify’s stock plummeted to a 21-month low after its Q4 earnings following pushback over Rogan’s unsubstantiated comments about the pandemic and COVID vaccines. The streaming company recently reported 406 million monthly active users in Q4, up from 381 million from the previous quarter. and 92 other markets, creating more growth opportunities for Spotify’s advertising business. “The Joe Rogan Experience” is Spotify’s biggest podcast in the U.S. And now Spotify and Amazon are considering bids on the podcasting platform Audioboom.
Spotify bought podcasting company Gimlet Media and The Ringer, a podcast founded by ESPN alum Bill Simmons, for nearly $200 million.
In recent years, Spotify has made a bigger play for podcasting content as it aims to grow beyond offering music to its subscribers. Reps for Spotify and Rogan did not immediately respond to TheWrap’s request for comment.
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