![]() ![]() The last time I checked, it had close to. Like a number of companies in the tech space and many other sectors, Spotify paused operations in Russia after the country invaded neighboring Ukraine. A petition circulated by the progressive advocacy group MoveOn demands that Spotify remove the Joe Rogan Experience podcast from the streaming platform. Technology Roundup From startups to the FAANGs, get the latest news and trends in the global. The number of paid subscribers hit 182 million, up a net 2 million from the previous quarter despite a loss of 1.5 million due to the company’s pullout in Russia. Spotify shares rebound after Joe Rogan apology, Citigroup upgrade Reuters Newsletter Daily. The tally accounts for 3 million users cut loose due to a service outage. The streaming audio giant reported 419 million monthly active users in the quarter ending March 31, up 19% over the prior-year period. ![]() “When I look out over the long term, in terms of the benefits and the margin profile of the podcasting business, nothing has changed at all in my mind in terms of optimism.” Spotify is working to remove Neil Young’s music from the streaming platform following a standoff over star podcaster Joe Rogan’s coronavirus comments, the Wall Street Journal reported. “We’re seeing that engagement on the platform,” he said. Vogel pointed to metrics at all-time highs, including the ratio of podcast listeners to total listeners, as well as total podcast streams. Spotify said Wednesday that it has agreed to remove Neil Youngs music after the famed singer-songwriter said he wouldnt share the platform with podcaster Joe Rogan, who has been criticized. “We feel really good about the investments we’re making and the long-term implications they will have on our business and our shareholders.” “For investors, structurally, podcasting should be a better business model than music, from a gross margin perspective,” Ek said. Management offered a unified response to the drama, maintaining that it hasn’t slowed their momentum. ![]() Last week, it was reported that Michelle and Barack Obama’s production company Higher Ground, a marquee podcast entity signed by Spotify, will not renew its exclusive deal there and will move to a competitor. Spotify CFO Paul Vogel On The "Real Positive" Of The Company's Recent Layoffs And Reorg, Its Current Podcast View, Rivalry With Apple And Outlook For A "Choppy" Economy Joseph James Rogan (born August 11, 1967) is an American UFC color commentator, podcaster, comedian, actor, and former television presenter.
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