Spotify disclosed some key financial metrics of its podcast business for the first time -- and while the $1 billion-plus the streamer has invested into podcasting so far has been a drag on overall profits, the company expects podcasts to eventually have higher margins than its core music biz.The company outlined its long-term strategy and financial prospects at its 2022 Investor Day event Tuesday.In 2021, Spotify's podcast business generated nearly €200 million in revenue, according to CFO Paul Vogel --...
Talking Monkey Productions
Joe
Rogan
President
In the wake of signing a $100 million Spotify deal in 2020, Rogan and his podcast “The Joe Rogan Experience” became a favorite target of critics for his attacks on “woke” culture and vaccine passports, and his controversial guests including conspiracy-loving radio host Alex Jones. He inspired internal protests by Spotify employees, who alleged that the podcast was transphobic. To top that off, he ignited a fresh firestorm in September when he admitted that he had contracted COVID-19 and was treating it with ivermectin, a drug meant for parasitic infections, not viruses. And none of that seemed to harm the popularity of his show. Rogan, who has worked as a sitcom actor (“NewsRadio,” 1995-99) and reality-series host (“Fear Factor,” 2001-06, 2011-12), continues to perform stand-up and do color commentary for UFC matches.