Spotify Actually Paid $200M For Joe Rogaine’s Podcast

[BlingNotTheMusic 26,563]

Spotify reportedly paid $200 million for Joe Rogan’s podcast

Spotify reportedly paid Joe Rogan at least $200 million to commit to podcasting on the platform exclusively for three and a half years, according to a New York Times report. That number, while astronomical, is double what had previously been reported in The Wall Street Journal as Rogan’s deal price — $100 million — and has continued to be used widely in the media without correction from Spotify’s team.

 

This news comes after a volatile month for the audio company and one in which musicians, podcasters, employees, and the medical community scrutinized the company’s work with the controversial podcaster. In January, a group of medical community members penned a letter to the company asking it to remove a Rogan episode they said peddled COVID-19 misinformation. Musician Neil Young read that letter and subsequently pulled his catalog from the platform in response.

“I am doing this because Spotify is spreading fake information about vaccines — potentially causing death to those who believe the disinformation being spread by them,” he wrote. “Please act on this immediately today and keep me informed of the time schedule.”

Since then, inside Spotify, CEO Daniel Ek issued multiple statements about his reluctance to moderate Rogan’s show beyond its platform rules, which were only made public after Young and others pulled their music.

However, Rogan’s show then became controversial for reasons beyond COVID-19. In a separate viral video, Rogan is documented using the n-word multiple times. After that video surfaced, 70 episodes were mysteriously removed with no reason provided. Rogan later apologized for using the slur and also making a racist joke, but Spotify never commented publicly. In a leaked memo, however, Ek confirmed that the company did talk to Rogan and his team, and Rogan decided to remove the episodes. Ek also said the company would commit $100 million to creators from historically marginalized groups. As Verge contributing editor Casey Newton points out on Twitter, that amount seemed to be equal to what Spotify paid Rogan — but now, it looks to be only half as much.

https://www.theverge.com/2022/2/17/22939587/joe-rogan-experience-spotify-podcast-deal

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The journey continues y'all 

[Dojo 19,365]

200 million 

[weed 67,392]

omg... I thought $100M was bad but $200M is twice as bad 

[Lucas 21,070]

8 minutes ago, weed said:

omg... I thought $100M was bad but $200M is twice as bad 

a gay good at math! 

[ALGAYDO 26,752]

$200M for a podcast that spreads misinformation. 
 

$200M for a ****ing podcast that ****ing spreads misinformation. 

[Ceres 3,094]

How short is he 

[Andreu 37,216]

I dont understand how could that possibly be a profitable investment  

[Mister G 9,193]

Joe Rogaine 🤣🤣🤣 I see you @WheresMy911Alice

[JusKeepBreathin 19,311]

He's in demand...even if it's for the wrong reasons.

It was a business transaction. It bothers me more that there are million of idiots who made him worth that much. 

 

It's also weird to me that they pay more for podcasts than streams for musicians. How does that work? Does anyone here know?

Musicians need to get together and simultaneously remove their music from Spotify until they start paying them what they are worth. 

 

 

[PartySick 136,440]

Damn. Idk why everyone says "pull yourself up by the bootstraps and you'll make it" when it's clear you can get ahead just by saying stupid sh*t all the time 

[PartySick 136,440]

1 minute ago, JusKeepBreathin said:

He's in demand...even if it's for the wrong reasons.

It was a business transaction. It bothers me more that there are million of idiots who made him worth that much. 

 

It's also weird to me that they pay.more for podcasts than streams for musicians.

 

How does that work? Does anyone here know?

I'm assuming it's because he was well known before (I knew him from MMA, not from his ridiculous podcasts) and they bought exclusive rights to his podcast.

Imagine they wanted exclusive rights to stream a musician's music. They'd pay a lot more than current streaming royalties do.

[Guest]

just like a footballer

[CyberRaga 335]

Yet there are people who can barely afford to bring bread to the table even in the western world, yet this man sits down and talks straight up bullshit. 200 million? That would take 200 separate lifetime(s) for a regular working class person to earn. Disgusting. 

[JusKeepBreathin 19,311]

8 minutes ago, PartySick said:

I'm assuming it's because he was well known before (I knew him from MMA, not from his ridiculous podcasts) and they bought exclusive rights to his podcast.

Imagine they wanted exclusive rights to stream a musician's music. They'd pay a lot more than current streaming royalties do.

I guess, but did like say Beyonce get $200 million from TIDAL for Lemonade and her other album.  

There is lots of time a streaming service gets exclusive rights to albums. Sometimes for a week and sometimes for years. 

I don't think they pay anywhere near $200 million for three years or $1,282,000 a week for an exclusive album.  

$1.282 Million a week is about $200 million in three years. 

To me this is like a real kick in the face to musicians. 

[myluis617 5,219]

Are you serious!!!! While musicians who work so hard on their music get chum change for streams!