spotify lost 4 billion

Spotify lost 4 billion in market value this week after rock icon Neil Young called out the company for allowing comedian Joe Rogan to spread misinformation about the COVID vaccine on his podcast. You dont think that market share wouldnt be affected by a spat with a music legend.

Spotify Loses Billions As More Artists Ask For Their Music To Be Removed And Joe Rogan Promises To Do Better

Rich Fury AP.

. Amid the controversy as of 28 January 2022 Spotifys stock had fallen 12 week-on-week a loss of 4 billion in market capitalization. This happened after rock singer Neil Young called out Spotify for allowing Joe. Spotify lost 4 billion in market value this week after rock icon Neil Young called out the company for allowing comedian Joe Rogan to use its service to spread misinformation about the COVID vaccine on his popular podcast The Joe Rogan Experience. Palki Sharma has a report.

Spotify took down nearly all of Young s music on Wednesday Jan. Estimates of the market value lost by Spotify ranged from 2 billion reported by Variety and 4 billion reported by the San Francisco Chronicles Datebook. 26 and reportedly lost 4 billion in market value. I am a Hip Hop baby and I know who that dude is.

Estimates of the market value lost by Spotify ranged from 2 billion reported by Variety and 4 billion reported by the San Francisco Chronicles Datebook. Thats Neil fucking Young. Spotify loses 4 billion in market value following Neil Young controversy Spotify lost 4 billion in market value this week after rock icon Neil Young called out the company for allowing comedian Joe Rogan to use its service to spread misinformation about the COVID vaccine on his popular podcast The Joe Rogan Experience. Spotify lost 4 billion in market value this week after choosing to continue support for Joe Rogans podcast.

Investors are also keeping an eye on Spotify with the market value of the company dropping by 4 billion this week. Spotify lost an estimated 4Billion in market value this week and other. Spotify shares may continue to be affected when the market opens Monday after singer-songwriter Joni Mitchell announced Friday she would remove her music from the platform followed by. Spotify stock has lost an astounding 50 of its value over the past year alone a drop of more than 32 billion in market cap.

Neil Young Photo. By 30 January 2022 this number had grown to a loss of 67 billion in market value a fall of 17 week-on-week and a fall of 26 year-to-date. Shares have tumbled around 12 from where it closed last week. Spotify lost 4 billion in market value this week after rock icon Neil Young called out the company for allowing comedian Joe Rogan to use its service to spread.

Because one podcast host decided to spread Wuhan virus lies. Spotify loses 4 billion in market value after Neil Young controversy Datebook SF Chronicle 01 28 2022 Aidin Vaziri Posted on 01302022 22739 PM PST by yesthatjallen. Spotifys response was lacklustre to say the least saying that. According to financial website Forbes Spotify has lost nearly 25 percent of its value since the start of the year and over 45.

Spotify lost 4 billion in market value this week after rock icon Neil Young called out the company for allowing comedian Joe Rogan to use its service to spread misinformation about the COVID. Skip to comments. Streaming platform Spotify has reportedly lost 4 billion dollars. After all the money they spent on him just to lose 4 billion in valuation TRUST they are losing sleep.

They lost 4 billion and artists are asking for their music to be removed from their platform all because their choosing darkest continent dewormer idiot over their main business which was music streaming. As of Friday Jan. For the full year Spotify recorded revenue of 967 billion euros 109 billion topping 10 billion for the first time after recording sales. 28 shares of Spotify were down about 12 from where.

At the end of the day Friday shares of Spotify were down about 12 from where they closed last week according to data from Nasdaq against a broader index that was flat over the same period. Spotifys market value dropped more than 2 billion in the last few days after Neil Young pulled his music over Joe Rogans podcast. Spotify Loses 4 billion market cap. Popular music streaming platform Spotify lost 4 billion market value this week.

Artists have pulled down their albums subscribers have hit unsubscribe. Not smart in. Marketing strategist music industry veteran nonprofit leader consultant and post-secondary instructor. By close of the market on Friday 28 January 2022 Spotify share price was down 12 wiping out about 4 billion of its market value.

I understand standing by your investment but cmon man. Spotify is a music platform that struck gold with podcast revenue. Joe Rogan controversy. As of Friday Jan.

As of Monday 31 January 2022 Spotify shares are up 44 from Fridays bottom price of 16572 but its share price is expected to continue sliding with news of more artists and subscribers leaving. 28 shares of Spotify were down about 12 from where they closed last week. Spotify reportedly loses 4 billion in market value Apps As a sign of protest against comedian Joe Rogans podcast Neil Young Joni Mitchell and Nils Lofgren had their. Last week rock icon Neil Young called out the streaming service and threatened to remove his music if they didnt ditch Joe Rogans podcast for spreading misinformation about COVID-19.

Spotify lost 4 billion for Joe Rogan.

Neil Young Joe Rogan Dispute Spotify Market Cap Drops By 2 Billion Variety