The Spotify Spin

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The Spotify Spin
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Spotify’s woes go beyond its $100 million podcast host, says karaswisher

Spotify founder Daniel Ek speaks during the Spotify New Platform Launch at S.I.R. Studios on May 20, 2015 in New York City. Photo: Taylor Hill/FilmMagic Over the weekend, Spotify CEO and co-founder Daniel Ek released a statement in response to the chorus of scientists, medical professionals, and septuagenarian rock stars calling on the company to address COVID misinformation billowing from its star podcaster, Joe Rogan.

I guess $4 billion in market value is not something that makes you rethink things. I’m sure his shareholders have an opinion about it, too. By the way, he’s the little guy. Yes, he’s the biggest podcast platform compared to Apple, but he’s always claiming he’s under siege by Apple and others. There are court cases in Europe and elsewhere around the power of Apple over his business. I’m on his side on a lot of that stuff, but this doesn’t make him look so good. I got rid of my premiums.

I will say, he kicked off his statement with some pretty misleading arguments about misinformation becoming fact, like saying eight months ago it was misinformation to say you could still get COVID if you were vaccinated. I don’t know the relationship within the contract between Spotify and Joe Rogan, but they’re a media company and usually when someone gets something ridiculously wrong or dangerously wrong media companies do something about it. Their contract shouldn’t say they can’t touch it at all, because it’s their content. They own it, or they sort of own it — again, we don’t know what the relationship between Rogan and Spotify is.

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