They’re looking for other places where the revenue split isn’t that dramatic. Neil Young has continued to criticise Spotify, following his departure from the platform in protest over their star podcaster Joe Rogan. “In the music side of things, paying out roughly 70 percent of all the revenue that comes in. “I think it comes down to, just frankly, business,” said John Simson, the program director for the business and entertainment program at American University. The next year, Spotify spent nearly $200m to acquire the Ringer and its suite of popular podcasts, such as “Binge Mode,” “The Press Box” and its founder’s “The Bill Simmons Podcast.” And, of course, it reportedly spent more than $100m to acquire exclusive rights to a single show: the extremely popular, rabble-rousing “Joe Rogan Experience.” Spotify: Where Do We Go From Here appeared first on SPIN. ( John Ransom, Headline USA) Despite widespread reporting that Neil Young has abandoned Spotify over its refusal to censor views that the old Canadian rocker doesn’t agree with, some of Young’s song catalogue remains on the music and podcast platform. if they can’t have Young and Rogan, they choose Rogan. Neil Young gave Spotify a choice, and its response is crystal clear. It also spent more than $100m on Anchor, a platform that lets users create and share their own podcasts. For now, Spotify seems committed to its investment in Rogan and his enormous audience. That year it purchased Gimlet Media, home of podcasts such as “Reply All,” “Homecoming” and “Where Should We Begin? With Esther Perel,” for an estimated $230m.
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