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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
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To: ProgressingAmerica

Awe.... Poor things! LOL


61 posted on 01/29/2022 1:34:40 PM PST by buffyt (Tyrelle Y.F. )
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To: rarestia
"You can hurt Google, Amazon, Facebook, etc. by refusing to patronize their advertisers."

I believe I said this. This was, I think, entirely my point. Who are their advertisers? Who is one specific advertiser? And specifically, who of their advertisers are well know for being anti-conservative?

Yup, Apple and Microsoft. Of these two, one is not only clearly weaker, but has something that most of us can actually target that will register and be seen. Hurting Microsoft means market share. Hurting Twitter means advertising dollars. It's a different type of target with a different weakness.

I think for the most part we're on the same page here on this aspect. They are advertisers. They're advertisers we can target. So let's do it! Let's do it! Let's use the Spotify model here.

"Attempting to “hurt” Microsoft would involve more than just using Linux."

"I can't"

Sigh.

"Microsoft’s stock would dip less than $1, if even that."

Yep. We're back to "I can't". Once again. This always happens. "I can't". And then nobody does nothing. And big tech just continues on hurt us.

There has been a lot of "I can't-ing" in this discussion with a lot of people. "I can't", "we can't", "they can't", "nobody can't", "you can't", "it won't make a difference", rationalization, rationalization, rationalization, rationalization, rationalization.

Neil Young didn't say "I can't". Now Spotify is two billion in the hole. He went out and recruited others.

Witness the power of "I can". This is the whole Alinsky model. Pick a target, personalize..........

We haven't even picked a target yet. Meanwhile, Spotify may very well be going out of business right before our eyes. The progressives definitely picked a target. They definitely personalized it. They are freezing it as we speak.

Sigh.

62 posted on 01/29/2022 1:34:56 PM PST by ProgressingAmerica (A man's rights rest in 3 boxes. The ballot box, jury box and the cartridge box.- Frederick Douglass)
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To: buffyt

Something wrong with you?


63 posted on 01/29/2022 1:35:47 PM PST by Chickensoup ( Leftists totalitarian fascists are eradicating conservatives)
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To: ProgressingAmerica

“Spotify” sounds like your Depends have failed you.


64 posted on 01/29/2022 1:35:58 PM PST by Empire_of_Liberty
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To: rktman

You won’t support a company that is standing for free speech?

Get off the board!


65 posted on 01/29/2022 1:38:14 PM PST by Chickensoup ( Leftists totalitarian fascists are eradicating conservatives)
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To: SaxxonWoods

Are you kidding? Conservatives never support other conservatives. Ever.


66 posted on 01/29/2022 1:39:16 PM PST by Chickensoup ( Leftists totalitarian fascists are eradicating conservatives)
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To: rktman

Rogan NEEDS to move over to gab who is partnering with Trump new social media site Truth!! Organs followers will go with him they are VERY LOYAL, however either way Spotify is backed into a corner if Rogan leaves they are DONE anyway!!


67 posted on 01/29/2022 1:39:25 PM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: Chickensoup
so everyone on this site sign up for Spotify premium

I’m a premium subscriber.

68 posted on 01/29/2022 1:39:37 PM PST by windsorknot
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To: Trump Girl Kit Cat

Organs = Rogan


69 posted on 01/29/2022 1:40:05 PM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: SeekAndFind

Are you stupid?

Spotify is out there bringing a CONSERVATIVE MESSAGE to YOUNG PEOPLE!!

You won’t support a company that is standing for free speech?


70 posted on 01/29/2022 1:41:34 PM PST by Chickensoup ( Leftists totalitarian fascists are eradicating conservatives)
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To: Openurmind
"We need to actually get pro-active in mass."

Agreed. That is the most important thing. When we wanted to be proactive and we got out onto the national mall in the millions, they heard us.

Ironically enough, now, progressives bring up the Tea Party more than conservatives do.

"Then organize and start picking one new target every quarter and seriously concentrate mass boycotting at these one at a time. NBA, NFL, NASCAR, Etc."

I really wish it would happen. Everybody I know still clings to their NFL though, even with the kneeling.

Another example is how big the phone carriers are. Conservatives have not done much to move to conservative carriers.(There are two that I know if) And the worst part is that our guys are paying for liberal media! Through the phone carriers! CNN = AT&T, for example.

I don't get it. But it does show why the progressives keep winning.

The hard thing for you and I is that we have tried following the Neil Young model. He didn't say "I can't" and then rationalize everything away. He went out, did it, and recruited others to join him. His recruits didn't rationalize.

They joined. Now look. 2 billion dollars later, I would say(unfortunately) Neil Young has been quite successful. Neil Young proved Gandhi right once again. First they laugh at you, then they fight you, then you win. 2 billion dollars later. Not bad Neil.

71 posted on 01/29/2022 1:43:30 PM PST by ProgressingAmerica (A man's rights rest in 3 boxes. The ballot box, jury box and the cartridge box.- Frederick Douglass)
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To: cableguymn

What are you talking about. Bongino is already on spotify and rogan is one of the biggest Podcasters there.


72 posted on 01/29/2022 1:43:49 PM PST by Chickensoup ( Leftists totalitarian fascists are eradicating conservatives)
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To: ProgressingAmerica
I wish conservatives would get with it and target Google, Facebook, Twitter, Microsoft, and Apple this way.

Far too many conservatives are self-centered about their lives to make this kind of sacrifice.

73 posted on 01/29/2022 1:45:05 PM PST by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)
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To: ProgressingAmerica

Has hits or revenue gone down for Spotify?


74 posted on 01/29/2022 1:45:28 PM PST by TalBlack (We have a Christian duty and a patriotic duty. God help us.)
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To: SeekAndFind

Actually, I think you do need Spotify to listen to all Rogan podcasts.


75 posted on 01/29/2022 1:47:47 PM PST by jjotto ( Blessed are You LORD, who crushes enemies and subdues the wicked.)
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To: windsorknot

I love you!


76 posted on 01/29/2022 1:47:58 PM PST by Chickensoup ( Leftists totalitarian fascists are eradicating conservatives)
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To: mad_as_he$$

He doesn’t. The stock market tanked and low & behold! Spotify lost 6% of market value! Rhetorical question: any of these geniuses check the value of their 401k lately? How much off its 52-week high is it at this moment?


77 posted on 01/29/2022 1:48:23 PM PST by Tallguy
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To: sevlex

A lot of musicians have a real gripe against all streaming services. Saw an episode of “Daryl’s House” with Joe Walsh as the guest. Joe was lamenting the future of the music business saying, “there’s no money in streaming music for the artists.”


78 posted on 01/29/2022 1:53:44 PM PST by Tallguy
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To: ProgressingAmerica

Rogan reportedly attracts 11 million users per episode; Young brings in around 6 million users per month.

Spotify Technology is on the list of Motley Fool Stock Advisor’s ten top stock picks for investors to buy right now.

https://seekingalpha.com/article/4480302-spotify-why-buying-shares

https://www.thestreet.com/streaming/spot/spotify-stock-3-reasons-to-buy-it-in-2022


79 posted on 01/29/2022 1:56:42 PM PST by Brown Deer (America First!)
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To: ProgressingAmerica

Can this article be any more outright lies and misinformation?!

Netflix lost far FAR more than Spotify for showing Cuties.

But I digress and will point out to the gentle reader that in the last week - lots of companies lost BILLIONS in value - including Pfizer.


80 posted on 01/29/2022 2:00:03 PM PST by Skywise
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