Posted on 01/30/2022 2:27:39 PM PST by yesthatjallen
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.”
At the end of the day Friday, Jan. 28, 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. The hashtags #DeleteSpotify and #CancelSpotify also gained traction on social media, with many websites offering step-by-step instructions for users to remove the app from their devices.
Spotify took down nearly all of Young’s music on Wednesday, Jan. 26, two days after the Rock & Roll Hall of Fame musician reportedly issued the streaming service an ultimatum via his management and record company: “They can have Rogan or Young. Not both.”
SNIP
(Excerpt) Read more at datebook.sfchronicle.com ...
full on manipulation by the left to destroy anyone or anything that doesn’t stand for their tyrannical propaganda.
Hmmm.
TCEHY is a direct commie investor. I willing to be the rest are heavily invested in CCP operated companies too. What comes around goes around with these traitors. It is all just one globalist cabal.
Spotify has announced that it will put a “content advisory” on “any podcast episode that includes a discussion about COVID-19.”
https://newsroom.spotify.com/2022-01-30/spotifys-platform-rules-and-approach-to-covid-19/
Thank god Cher didn’t walk, losses could have topped eleventy billion
Correlation is NOT causation!
Money isn’t lost when a stock price goes down. Money is lost when stock is sold at a loss.
$4B? Riiiiight!
Still money well spent to try... :)
I went all in this morning. Think about it. Same thing when you support a candidate for office who will probably screw you anyhow.
This is in the now and will make a real difference considering the situation. :)
...since before Neil Young started running his mouth.
100%
Investors see a bunch of artists following Neil Young and revenue going down.
So far its him and Joni Mitchell. Neither of them worth that much to bring a $2billion loss!
People shouldn’t support Spotify anyway, they don’t pay the musicians
Yeah, I heard they lost FIVE billion earlier. If they’re gonna exaggerate and spread 🐂💩, at least present a consistent narrative
Not true. I just read Bruce Springsteen’s 70 year old guitarist (never heard of him as a solo) just pulled his music too.
I just signed up for the free version a few minutes ago and added Rogan’s podcast. I’ll give it a test spin during work tomorrow.
LOL.. That is the most delusional headline ever. Neil Young has 19 people that care about him and his propaganda.
Thank you!!!!
This is how we fight back!!!
We got this! Just prove their crap wrong every time they try and they will get the hint!
But... not just a few... We need a million to do this right now!!!
If they don’t they cannot claim they even care. Screw these lazy assholes for not getting on board to fight the good fight!
It’s been a bad week for all stocks in that sector
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