And it’s worth noting that both the content advisories on our platform, content from physician and health experts which I talked about in my posts as well, push policies for creators that are already to roll out. “So I think the important part here is that we don’t change our policies based on one creator, nor do we change it based on any media cycle or call from anyone else. Our policies have been carefully written with the input from numbers of internal and external experts in this space. And I do believe they’re right for our platform.
And while Joe has a massive audience, and is actually the No. So I think when you think about that and you think about the ad business, I have a tremendous amount of confidence.”Įk said it was “too early” to determine how big an impact the Rogan controversy would have on subscriber cancellations, telling analysts that the effect of past controversies has played out over “months, not days.” 1 podcast in more than 90 markets, he also has to abide by those policies.
Spotify’s market capitalization fell about $2.1 billion over a three-day span last week after Young pulled his songs from the audio-streaming giant. However, it quickly recovered on Monday - not after co-founder/CEO Daniel Ek announced on Sunday that the company would institute warnings and links to health information on podcasts that talked about Covid-19, but rather after Rogan himself posted a 10-minute video in which he agreed with Spotify’s new policies and would work to bring people on his show with broader perspectives.
Spotify’s stock price was already on the slide - having plummeted 25% year-to-date as of Jan. 25, the day before Young’s catalog was pulled off Spotify.
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