Spotify’s market cap increased by billions of dollars on Monday, following a controversial week that has seen the streaming platform at the center of a culture war between the folk-rock star Neil Young and leading podcast host Joe Rogan over allegations that the latter has used his platform to spread misinformation concerning the CCP virus. The incident began last week, when Young issued an ultimatum to Spotify demanding they censor The Joe Rogan Experience, lest Young remove his music from the platform altogether. “I am doing this because Spotify is spreading fake information about vaccines—potentially causing death to those who believe the disinformation being spread by them … They can have Rogan or Young. Not both,” Young said in a letter to his management team. Though Young called on others to pull their music from the platform, the call has largely gone unheeded by other musicians, with Joni Mitchell being the …
Spotify’s Market Value Rises Amidst Rogan-Young Controversy
January 31, 2022
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