Current:Home > FinanceControversial podcast host Joe Rogan signs a new deal with Spotify for up to a reported $250 million -Summit Capital Strategies
Controversial podcast host Joe Rogan signs a new deal with Spotify for up to a reported $250 million
View
Date:2025-04-18 13:58:10
NEW YORK (AP) — Spotify has penned a new multi-year partnership deal with controversial podcast host Joe Rogan, whose enormously popular show will soon also be available on competing platforms, including YouTube and Apple Podcasts.
Spotify announced the renewed partnership in a post on the company’s corporate blog Friday. Under a prior multimillion-dollar deal, “The Joe Rogan Experience,” had been a Spotify exclusive since 2020.
The Wall Street Journal, which first reported the new deal on Friday, estimated that the new contract was worth as much as $250 million over its multiyear term. It cited unnamed people familiar with the matter. The pact involves an upfront minimum guarantee, in addition to a revenue sharing agreement based on ad sales, the newspaper reported.
In an email to The Associated Press on Saturday, Spotify declined to comment on the deal’s financial details, including the estimated value.
Over the years, Rogan has developed a huge audience who listen to his long, wide-ranging interviews with a variety of guests, including comedians, athletes, scientists and conspiracy theorists.
“There’s no script of what we’re going to talk about, and it all just sort of happens in real time,” said Rogan on Spotify’s blog post. “It’s just an actual organic conversation with people enjoying themselves, which is something we all can relate to, and something we all love to do. These conversations have changed the way I think about life immeasurably and continue to do so.”
The show is consistently Spotify’s most popular podcast but also a frequent cause of controversy for the company. Most notably, Spotify came under huge pressure in 2022 to drop Rogan over his anti-coronavirus vaccine comments and use of racial slurs, with some musicians, including Neil Young, pulling their music from the platform in protest.
In February 2022, Spotify CEO Daniel Ek denounced the host’s racist language but said, “I do not believe that silencing Joe is the answer.”
Spotify’s shares closed up $3.51, or nearly 2% to $222.47 per share on Friday.
veryGood! (75)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Mercedes-Benz workers in Alabama vote against joining the UAW
- A former OpenAI leader says safety has ‘taken a backseat to shiny products’ at the AI company
- Matt Duchene scores in double overtime as Dallas Stars oust Colorado Avalanche in Game 6
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Eight years after Rio Olympics, gold medalist Gabby Douglas getting ending she deserves
- Potential signature fraud in Michigan threatens to disrupt congressional races
- Tyson Fury meets Oleksandr Usyk for the undisputed heavyweight title in Saudi Arabia
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- These Are the Highest-Rated, Affordable Hoop Earrings From Amazon
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- A murderous romance or frame job? Things to know about Boston’s Karen Read murder trial
- 'I don't think that's wise': Video captures herd of bison charging tourists in Yellowstone
- Seize the Grey wins the Preakness for D. Wayne Lukas and ends Mystik Dan’s Triple Crown bid
- Trump issues order to ban transgender troops from serving openly in the military
- TikTok says it's testing letting users post 60-minute videos
- Widespread power outages from deadly Houston storm raise new risk: hot weather
- This week on Sunday Morning: By Design (May 19)
Recommendation
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Barge that collided with Texas bridge released up to 2,000 gallons of environmentally toxic oil, officials say
Q&A: The Dire Consequences of Global Warming in the Earth’s Oceans
Barge that collided with Texas bridge released up to 2,000 gallons of environmentally toxic oil, officials say
Biden administration makes final diplomatic push for stability across a turbulent Mideast
A man killed by Phoenix police in a shootout was a suspect in a fatal shooting hours earlier
Deadly storms slam Houston yet again; hundreds of thousands without power across Texas
2024 PGA Championship projected cut line: Where might the cut land?