The Joe Rogan scapegoat is silly. Just a few months ago HN was talking about how much of a business disaster it was. And here Spotify just renewed it.
Do they ever publish ad revenue or user stats by content. I’ve not seen it in their filings. And the new deal is on its face worse. They are paying the same for no exclusivity!
I’m just not sure how to objectively judge the Rogan deal but it certainly seems very bad to me, an uninterested party.
Yes. Evidence the old one was good. They had a Long time to think about it and clearly decided it’s worth even more. (And there is no interest free funny money)
Their decisions lead to them losing over 600m last year, despite having their best quarter ever.
Of course we can’t know,but your assumption seems to be it’s bad because you don’t understand it.
I’d love to see what the argument _for_ it is.
(Edit) sorry not losing more money than ever. They had a negative 700m quarter once.