They’re looking for other places where the revenue split isn’t that dramatic. “In the music side of things, paying out roughly 70 percent of all the revenue that comes in. “I think it comes down to, just frankly, business,” said John Simson, the program director for the business and entertainment program at American University. The next year, Spotify spent nearly $200m to acquire the Ringer and its suite of popular podcasts, such as “Binge Mode,” “The Press Box” and its founder’s “The Bill Simmons Podcast.” And, of course, it reportedly spent more than $100m to acquire exclusive rights to a single show: the extremely popular, rabble-rousing “Joe Rogan Experience.” It also spent more than $100m on Anchor, a platform that lets users create and share their own podcasts. The removal is "a huge loss for my record company to absorb", he said.That year it purchased Gimlet Media, home of podcasts such as “Reply All,” “Homecoming” and “Where Should We Begin? With Esther Perel,” for an estimated $230m. Young, 76, said Spotify accounted for 60 per cent of the streaming of his music to listeners around the world. He has stirred controversy with his views on the pandemic, government mandates and vaccines to control the spread of the coronavirus.Įarlier this month, 270 scientists and medical professionals signed a letter urging Spotify to take action against Rogan, accusing him of spreading falsehoods on the podcast. Rogan, 54, is the host of The Joe Rogan Experience, the top-rated podcast on Spotify, which holds exclusive rights to the programme. "We regret Neil's decision to remove his music from Spotify, but hope to welcome him back soon," Spotify said in a statement. The Swedish company said it worked to balance "both safety for listeners and freedom for creators" and had removed more than 20,000 podcast episodes related to COVID-19 in accordance with its "detailed content policies".
"Spotify has become the home of life threatening COVID misinformation," he said on his website.
On Wednesday, the Heart Of Gold and Rocking In The Free World singer thanked his record label for "standing with me in my decision to pull all my music from Spotify", and he encouraged other musicians to do the same. Neil Young's music is being removed from Spotify's streaming service after the singer-songwriter objected to his songs playing on the same platform that offers Joe Rogan's podcast, the company and the musician said on Wednesday (Jan 26).Įarlier this week, Young had released a letter addressed to his manager and record label, Warner Music Group, demanding that Spotify no longer carry his music because he said Rogan spreads misinformation about COVID-19 vaccines.
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