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Just remember they signed Joe Rogan for over 200 million and he's not brought in nearly that amount for them. Did they retrench the people who made that decisi

Just remember they signed Joe Rogan for over 200 million and he's not brought in nearly that amount for them. Did they retrench the people who made that decision? Did they retrench the management who approved that contract? Spotify employees should be pushing for some degree of corporate and fiscal responsibility given they are retrenching, but they still gave Joe the bag.

weebull 3y ago
Are you missing a "not"? Otherwise you're not making sense.
- ActionHank 3y ago
  Thank you!
rsanek 3y ago
i feel like this is a pretty hard thing to assess without access to internal metrics
phpisthebest 3y ago
Under What metric do you apply that? What goals did they have for his program? My understanding was the purpose of buying Joe Rogan was 2 fold, one of course is to bring in new users, but that was not the only goal (maybe not even the primary goal) the other goal was to get more of their current users to have more listen time on podcasts and less on Music, they pay far far far far less for podcasts (in many cases nothing) than they do for Music. If they were able to shift the total listen time it could have more than paid for Rogan even with out new subscribers The contract is up for renewal very soon so if they drop him we know he did not meet their objectives. Somehow I bet they renew
bogomipz 3y ago
They also signed a deal with Meghan Markle and Prince Harry that was worth 20 million. They agreed to part ways in June. I'm guessing the reason was that it failed to deliver financially. See: https://archive.is/Hgh3V https://archive.is/Hgh3V
- tomatocracy 3y ago
  Reportedly only a fraction of this sum was actually paid out though.
  - bogomipz 3y ago
    A "fraction" of 20 million is still a lot of salary runway though. They were paid out on 2.5 years worth of that 20 million dollar deal. Even if their deal's earn out was only million dollars a year for 20 years it would be 2.5 million. Of course no earn out period is that long so it's likely they were paid out much more than that.
jaywalk 3y ago
Unless you are pretty high up at Spotify, you have literally no idea how much Joe Rogan has brought in for them. His podcast has been number one on the platform since it launched.
- teg4n_ 3y ago
  Personally, I cancelled my Spotify premium family plan over it. I doubt I’m the only one.
  - gnicholas 3y ago
    OTOH, the only reason I ever downloaded the Spotify app was because there was an episode of that show that I wanted to listen to, and it wasn't available anywhere else.
  - jaywalk 3y ago
    I guarantee you're not the only one. Do you think Spotify brought on someone like Rogan without considering protest cancellations?
  - qzx_pierri 3y ago
    I suspect you didn't cancel your subscription because of Joe Rogan being given a deal at Spotify. I think you cancelled your subscription so you could TELL people you cancelled your subscription as a result of Joe Rogan being given a deal at Spotify.
    - niceice 3y ago
      What people say vs what they do: https://www.reddit.com/r/modernwarfare2/comments/1733bhk/im_going_to_boycott_mwiii_players_on_11112023/ https://www.reddit.com/r/modernwarfare2/comments/1733bhk/im_...
    - CDRdude 3y ago
      Is that a useful distinction? In both cases, the event that eventually resulted in a canceled subscription was giving Joe Rogan a Spotify deal.
dimitrios1 3y ago
> Just remember they signed Joe Rogan for over 200 million and he's not brought in nearly that amount for them. The fact that they signed Joe for that amount, and continued to air everything throughout all the controversies, throughout all the COVID years, and through some artist departures over him, signals that he has more than recouped that investment for them. https://www.newsweek.com/joe-rogan-more-popular-ever-statistics-1811864 https://www.newsweek.com/joe-rogan-more-popular-ever-statist...
deleted 3y ago
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weebull 3y ago

Are you missing a "not"? Otherwise you're not making sense.

ActionHank 3y ago
Thank you!

rsanek 3y ago

i feel like this is a pretty hard thing to assess without access to internal metrics

phpisthebest 3y ago

Under What metric do you apply that? What goals did they have for his program? My understanding was the purpose of buying Joe Rogan was 2 fold, one of course is to bring in new users, but that was not the only goal (maybe not even the primary goal) the other goal was to get more of their current users to have more listen time on podcasts and less on Music, they pay far far far far less for podcasts (in many cases nothing) than they do for Music. If they were able to shift the total listen time it could have more than paid for Rogan even with out new subscribers The contract is up for renewal very soon so if they drop him we know he did not meet their objectives. Somehow I bet they renew

bogomipz 3y ago

They also signed a deal with Meghan Markle and Prince Harry that was worth 20 million. They agreed to part ways in June. I'm guessing the reason was that it failed to deliver financially. See: https://archive.is/Hgh3V https://archive.is/Hgh3V

tomatocracy 3y ago
Reportedly only a fraction of this sum was actually paid out though.
- bogomipz 3y ago
  A "fraction" of 20 million is still a lot of salary runway though. They were paid out on 2.5 years worth of that 20 million dollar deal. Even if their deal's earn out was only million dollars a year for 20 years it would be 2.5 million. Of course no earn out period is that long so it's likely they were paid out much more than that.

jaywalk 3y ago

Unless you are pretty high up at Spotify, you have literally no idea how much Joe Rogan has brought in for them. His podcast has been number one on the platform since it launched.

teg4n_ 3y ago
Personally, I cancelled my Spotify premium family plan over it. I doubt I’m the only one.
- gnicholas 3y ago
  OTOH, the only reason I ever downloaded the Spotify app was because there was an episode of that show that I wanted to listen to, and it wasn't available anywhere else.
- jaywalk 3y ago
  I guarantee you're not the only one. Do you think Spotify brought on someone like Rogan without considering protest cancellations?
- qzx_pierri 3y ago
  I suspect you didn't cancel your subscription because of Joe Rogan being given a deal at Spotify. I think you cancelled your subscription so you could TELL people you cancelled your subscription as a result of Joe Rogan being given a deal at Spotify.
  - niceice 3y ago
    What people say vs what they do: https://www.reddit.com/r/modernwarfare2/comments/1733bhk/im_going_to_boycott_mwiii_players_on_11112023/ https://www.reddit.com/r/modernwarfare2/comments/1733bhk/im_...
  - CDRdude 3y ago
    Is that a useful distinction? In both cases, the event that eventually resulted in a canceled subscription was giving Joe Rogan a Spotify deal.

dimitrios1 3y ago

> Just remember they signed Joe Rogan for over 200 million and he's not brought in nearly that amount for them. The fact that they signed Joe for that amount, and continued to air everything throughout all the controversies, throughout all the COVID years, and through some artist departures over him, signals that he has more than recouped that investment for them. https://www.newsweek.com/joe-rogan-more-popular-ever-statistics-1811864 https://www.newsweek.com/joe-rogan-more-popular-ever-statist...

deleted 3y ago

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