With that comes great responsibility in balancing both safety for listeners and freedom for creators,” Spotify said in a statement. Spotify’s exclusive deal with Rogan is thought to be worth more than $100 million.“We want all the world’s music and audio content to be available to Spotify users.
However, The Joe Rogan Experience – including an episode criticized by more than 270 health experts around the world – remained available.
He also revealed the rules platform users were supposed to observe, including being forbidden to share misinformation. “This advisory will direct listeners to our dedicated COVID-19 Hub, a resource that provides easy access to data-driven facts, up-to-date information as shared by scientists, physicians, academics and public health authorities around the world, as well as links to trusted sources,” Ek said in a statement, claiming the “hub” was the first of its kind as far as he knew. Meanwhile, Spotify boss Daniel Ek, whose company dropped $2 billion in value since the scandal broke, announced plans to place advisory notices on COVID-related content by way of dealing with misinformation. The business partners who own half of the artists’ catalogs were expected to lose significant income, too. While Warner Music Group – also affiliated with Young – had gone through with deletion, UMG had not done so as of yet. Mitchell was believed to have lost 12 percent of her revenues, assuming that Universal Music Group agreed to remove the songs of hers that they own. Using information from multiple sources, Billboard calculated that Spotify represented 43 percent of Young’s global streaming revenue, noting that while the artist himself had said it was 60 percent, that probably referred to the number of plays on the platform. Because Spotify pays “less on average per stream” than competitors, the financial figure would be lower.
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