Posted on 01/30/2022 9:56:56 AM PST by nickcarraway
SHARE TWEET Play Neil Young on Amazon Music Unlimited (ad) The market value of Spotify has dropped by over $2 billion since Neil Young called out the streaming platform for "spreading fake information about vaccines," various outlets reported.
Last week, Young demanded the removal of his catalog from the streaming platform in protest of the company's multi-million dollar deal with broadcaster Joe Rogan, who’s been identified as a source of inaccurate information surrounding the COVID-19 vaccine through his Joe Rogan Experience show.
Joni Mitchell later called for her own catalog to be deleted in an act of support for Young’s position, linking to a letter from a group of health experts who criticized Spotify and called on the platform to implement a misinformation policy. "By allowing the propagation of false and societally harmful assertions," the letter reads, "Spotify is enabling its hosted media to damage public trust in scientific research and sow doubt in the credibility of data-driven guidance offered by medical professionals."
In a new development, Nils Lofgren of the E Street Band and Young’s Crazy Horse backing group also moved to have his catalog removed. In a post on Young’s website, he voiced his support for the health experts.
“When these heroic women and men, who’ve spent their lives healing and saving ours, cry out for help you don’t turn your back on them for money and power. You listen and stand with them," he wrote. "[W]e’ve now gotten the last 27 years of my music taken off Spotify. We are reaching out to the labels that own my earlier music to have it removed as well. We sincerely hope they honor our wishes, as Neil’s labels have done.” He added: “We encourage all musicians, artists and music lovers everywhere to stand with us all, and cut ties with Spotify.”
The platform’s share price reportedly dropped by 6 percent between Jan. 26 and Jan. 28, even though relevant stock indexes showed a modest rise over the same period. On Jan. 27 Spotify stock hit a 19-month low.
“For Spotify investors, the concern is that the artist exodus could snowball in the coming days and drive a material number of customer cancellations,” Variety wrote. “Hashtags #CancelSpotify, #DeleteSpotify and #ByeSpotify were trending on social media in the wake of Young’s ultimatum and Spotify’s decision to remove his music.” Forbes advised investors to consider buying stock in Spotify rivals, noting the corporation’s “volatile” trading characteristics in recent months.
Excellent suggestion.
Only so much whining I can hear from Neil.
Clapton was significantly vaxx injured.
I don’t think you will find him calling the statistical data and research studies on that…as “ misinformation”
$2 billion temporarily. This to will pass.
If they cave, try are at the mercy of tree communists forever. And ill leave and go where Rogan the giant goes.
ALL is a pretty wide brush. There were many songs in that time that absolutely nothing to do with politics, and were a lot of fun to sing or listen to.
Someone needs a boot up their arse.
Leftists are such totalitarians.
If someone objected to their music, the cries and screeches of censorship would be flying.
But when they are doing the censoring, it’s OK.
Just ask yourself who they have to please, and you will have your answer.
Key words: “may have”.
I have heard a lot of artists are not happy with Spotify, as they don’t pay well...there maybe more to this than the Vaccine....though they are dead wrong about the Clot Shots.
It’s always about The Benjamins.....Always!
Simple don’t post on Facebook and don’t tweet on Twitter. Then they’ll lose the monopoly on their ability to censor if the conversation on social media is happening elsewhere. Fortunately, the young is using other apps like TikTok and Snapchat which is beyond the realms where Mark Zuckerberg and Jack Dorsey occupy with their censorship.
I have another idea. Spotify should ban artists with a history of drug abuse or ripping off credits for songs written by someone else. I’m sure Neil Young would be 100% in favor of it.
Nope.
“And why do pinkos care about Covid “misinformation”?”
Because the entire purpose of the thugs pushing Covid is to kill 90% of the planet, and enslave 99% of the remaining proles. To do this, they must start by executing 100% of American patriots, who at this point are the only thing standing between them and global genocide.
Translation: “I have already made a huge fortune with my music so I can afford to virtue signal by demanding the removal of my music catalog from Spotify.”
Tech stocks have been CRUSHED this year so far. Spotify was crushed less than others...and finally caught up. Nothing to do with the Hobo who hates Alabama.
Young’s “Harvest Moon” is my wife’s favorite song, so that gets a frequent listen at our house. But we’re old. I sort-of assumed that Spotify’s audience was mostly younger; my grandsons listen to it almost exclusively. I’ve got several Pandora channels that I listen to, I never made the shift to Spotify.
Young’s self-righteousness has become grating in recent years. I don’t suppose thats going to change.
Thanks for the you tube link. I like McGuinn.
Is it good or bad that i don’t know what spotify is?
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