Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Spotify loses more than $2.1 billion in market value: report
Penn Live ^ | January 28, 2022 | Jan. 29, 2022

Posted on 01/29/2022 12:44:39 PM PST by ProgressingAmerica

Full title: As Neil Young, Joni Mitchell leave in protest of Joe Rogan’s podcast, Spotify loses more than $2.1 billion in market value: report

...

Per the report, Spotify shares “fell %6 from Jan. 26-28. Over the same time period, the tech-heavy Nasdaq composite index rose 1.7% and the Dow Jones Industrial Average was up 1.1%.”

(Excerpt) Read more at pennlive.com ...


TOPICS:
KEYWORDS: bigtech; joerogan; jonimitchell; music; neilyoung; spotify
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 141-144 next last
To: ProgressingAmerica

Why do people need Spotify to listen to music? There are numerous other platforms.

In the same way, you don’t need Spotify to listen to Joe Rogan.


21 posted on 01/29/2022 12:56:45 PM PST by SeekAndFind
[ Post Reply | Private Reply | To 1 | View Replies]

To: ProgressingAmerica

Every corporation I know of uses the Microsoft Office platform. A bunch of random Conservatives will barely make a dent.


22 posted on 01/29/2022 12:56:55 PM PST by EEGator
[ Post Reply | Private Reply | To 2 | View Replies]

To: Luke21

Is Joni actually cogent enough to make the decision?

I had read she was suffering from alzheimers the last ten years.


23 posted on 01/29/2022 12:57:19 PM PST by sevlex
[ Post Reply | Private Reply | To 9 | View Replies]

To: ProgressingAmerica

“Out of these five big tech companies, Microsoft is the easiest target.”

I strongly disagree. Microsoft’s value is closing on $2 Trillion. They are extremely diverse - much more than just software.

I believe that the easiest target is Twitter. Their net worth is only $35 Billion. They are pretty much a one-trick pony, and there are plenty of alternatives.


24 posted on 01/29/2022 12:58:28 PM PST by throwthebumsout
[ Post Reply | Private Reply | To 2 | View Replies]

To: rarestia
"Umm... you do understand that the grand majority of Microsoft market share is from their Azure cloud business, right?"

I think you're missing the forest for the trees.

What Neil Young himself cost Spotify, what do you think? 50 bucks? 75 bucks?

It's not about revenue. Forget the revenue. This is a waste of discussion time.

It's about market share. That's the weak spot.

No conservatives want to hurt big tech's market share, so we keep losing and big tech keeps winning.

25 posted on 01/29/2022 12:58:46 PM PST by ProgressingAmerica (A man's rights rest in 3 boxes. The ballot box, jury box and the cartridge box.- Frederick Douglass)
[ Post Reply | Private Reply | To 7 | View Replies]

To: ProgressingAmerica

I think there should be a list of losers that nobody should listen to. Make it public, make it mean something, label them as the commie/globalist loving assholes they are.

There are more people on the right than on the left. Put your beliefs where it counts! Don’t use the bullshit line, “Shut up and sing.” Use the line, “You’ll shut up now because we’re not listening to you.” Hit them in the pocket book. Theses are craven, traitorous assholes that will use any means to get their anti freedom message across.

They started it and we’ll end it.


26 posted on 01/29/2022 12:59:53 PM PST by BEJ
[ Post Reply | Private Reply | To 1 | View Replies]

To: windsorknot

Agreed. They don’t care about the economics. What they care about is the agenda.

Progressivism is America’s cancer.


27 posted on 01/29/2022 12:59:55 PM PST by ProgressingAmerica (A man's rights rest in 3 boxes. The ballot box, jury box and the cartridge box.- Frederick Douglass)
[ Post Reply | Private Reply | To 17 | View Replies]

To: V_TWIN

“You forgot Barry manilow”

But we’re still good on Burt Bacharach, right? /s


28 posted on 01/29/2022 1:00:05 PM PST by throwthebumsout
[ Post Reply | Private Reply | To 20 | View Replies]

To: Macoozie

29 posted on 01/29/2022 1:00:53 PM PST by Jane Long (What we were told was a “conspiracy theory” in 2020 is now fact. 🙏🏻 Ps 33:12)
[ Post Reply | Private Reply | To 6 | View Replies]

To: 17th Miss Regt

Correct. Some of them do not know the difference between right and wrong. The rest do not even acknowledge that there is a right and wrong.

******

NAILED IT!!!!


30 posted on 01/29/2022 1:02:08 PM PST by Whatever Works
[ Post Reply | Private Reply | To 3 | View Replies]

To: V_TWIN

Barry said he doesn’t know where that story came from.

He is not boycotting Spotify.


31 posted on 01/29/2022 1:02:37 PM PST by sevlex
[ Post Reply | Private Reply | To 20 | View Replies]

To: SeekAndFind

Rogan should call Bongino..

There is a reason he told Google to pound sand when they suspended his youtube account.

Bongino doesn’t need youtube any more.


32 posted on 01/29/2022 1:03:05 PM PST by cableguymn
[ Post Reply | Private Reply | To 21 | View Replies]

To: ProgressingAmerica

I wish conservatives would get with it and target Google, Facebook, Twitter, Microsoft, and Apple this way. We could easily take them down a notch or two if we actually got serious about this and war gamed about it - and then did it.


The corporate fascists will pull ads and music from spotify until they pay Rogan not to stream. The proper response to this is for red states to fight this fire with return fire: do now allow Big Tech fascists to conduct business in their states. If all 29 red states governors did that it would be the end of this tyranny.


33 posted on 01/29/2022 1:03:35 PM PST by lodi90
[ Post Reply | Private Reply | To 1 | View Replies]

To: V_TWIN
You forgot Barry Manilow

You're right. Overstressed lately.

34 posted on 01/29/2022 1:03:57 PM PST by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
[ Post Reply | Private Reply | To 20 | View Replies]

To: EEGator
How big of a bunch?

If you want to say seven people, well then, that just tells me there aren't very many people who have real motivation on this issue. It's just empty complaints.

But out of the five big tech companies, this is the weak point. If we wanted to exploit it, we would get together and exploit it. That it hasn't, that's the proof in the eating of the pudding.

I'd love to "Spotify" Big Tech. I know I'm alone or at least, only a dozen or a few people. If we had hundreds of thousands, this would be meaningful.

The blueprint is right there in front of us. We are seeing it in real time.

35 posted on 01/29/2022 1:04:02 PM PST by ProgressingAmerica (A man's rights rest in 3 boxes. The ballot box, jury box and the cartridge box.- Frederick Douglass)
[ Post Reply | Private Reply | To 22 | View Replies]

To: ProgressingAmerica

Thanks for the reminder to sign up for a DUO Premium account!!


36 posted on 01/29/2022 1:04:47 PM PST by Jane Long (What we were told was a “conspiracy theory” in 2020 is now fact. 🙏🏻 Ps 33:12)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ProgressingAmerica

Reality check. Spotify losing only a few points on the market won’t kill it.

In fact its a cheaper stock to pick up now. If Joe Rogan gains Spotify more subscribers the company will make even more money.

Also, its extremely difficult to attribute its drop based solely on Joe Rogan controversy, which really isn’t a negative. Tech stocks are all in the middle of small corrections right now this past month, which was pretty brutal for some of them..


37 posted on 01/29/2022 1:05:48 PM PST by Bayard
[ Post Reply | Private Reply | To 1 | View Replies]

To: ProgressingAmerica

Good ideas. The problem is Microsoft gets the vast majority of their funding from businesses, and no business can survive without Excel.


38 posted on 01/29/2022 1:06:21 PM PST by Renfrew
[ Post Reply | Private Reply | To 2 | View Replies]

To: ProgressingAmerica

Dan Bongino has entered the chat

He has left FB Twitter and YouTube..

Levin has also left several big tech platforms.


39 posted on 01/29/2022 1:08:24 PM PST by cableguymn
[ Post Reply | Private Reply | To 25 | View Replies]

To: Macoozie

Blackrock will short it to oblivion


40 posted on 01/29/2022 1:09:02 PM PST by pangaea6
[ Post Reply | Private Reply | To 6 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 141-144 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson