(Brandon Ong / Unsplash)Īfter Neil Young’s announcement, various content creators offered support. The podcast, which has been the source of multiple controversies, is also the streaming service’s most popular podcast, drawing 11 million listeners per episode. The Joe Rogan Experience is only available on Spotify. The deal was reportedly worth $200 million dollars, giving Spotify reason to be highly invested in Joe Rogan’s success. In May 2020, Spotify announced a licensing agreement deal to make “The Joe Rogan Experience” exclusive to Spotify. New “Experience” episodes drop every few days and garner tens of millions of streams. Joe Rogan, who hosts “The Joe Rogan Experience,” is Spotify’s most prominent podcaster. On January 24th, 2022, world-famous artist Neil Young announced he would be taking his music off of Spotify, citing podcaster Joe Rogan’s show for “spreading false information about vaccines,” as his primary reason. Shortly after the beginning of 2022, Spotify found itself in one of its biggest controversies yet. It is safe to say, the company has “room” to drop the reign of Spotify is unlikely to end anytime soon. Although the business dropped slightly from a 33 percent market share in 2020, it benefited from an overall increase in the amount of people subscribing to music streaming services, and thus brought in a greater revenue despite its relative drop in popularity. Despite frequent, highly-publicized controversies, Spotify continues to dominate. And the disparity didn’t even take into account the more than half of Spotify users who stuck with Spotify’s Free feature (an option that Apple Music does not offer). This number came in at a 16 percent higher market share than that of the second most popular streaming service, Apple Music. With a market share of 31 percent, Spotify had about 162.4 million paying subscribers. In 2021, Spotify was the largest music streaming service in the world. Spotify had about 162.4 million paying subscribers in 2021, making it the largest music streaming service by far.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |