How $1bn push into podcasts led to Spotify’s growing pains

Streaming firm is facing a cocktail of crises, from culture wars to competition concerns

He was supposed to be Spotify’s biggest acquisition, one who would transform the music streaming company into a one-stop shop for all kinds of online audio.

But controversy over “misinformation” on Joe Rogan’s podcast precipitated a hellish week for the Swedish firm as high-profile boycotts, a social media backlash and a share price drop challenged the viability of its meteoric growth.

Continue reading…
Streaming firm is facing a cocktail of crises, from culture wars to competition concerns
He was supposed to be Spotify’s biggest acquisition, one who would transform the music streaming company into a one-stop shop for all kinds of online audio.
But controversy over “misinformation” on Joe Rogan’s podcast precipitated a hellish week for the Swedish firm as high-profile boycotts, a social media backlash and a share price drop challenged the viability of its meteoric growth. Continue reading…Technology | The Guardian

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