Daniel Ek: Last News

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Spotify reports record profits of over €1billion

Spotify has announced record profits of over €1billion (£860m), following staff being laid off, subscription prices rising and costs being cut across the board.The growth of the company comes as streaming continues to dominate the music industry, and the platform has gone on to offer its subscribers access to podcasts and audiobooks too.Currently, the Swedish company has around 615million users across the globe, and has invested a huge amount of money in growing the brand since its initial launch back in 2006. However, reports of the profit come following a year of the brand cutting costs and laying off staff.Late last year, Spotify announced that it was cutting down 17 per cent of its workforce in order to save costs.
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dailystar.co.uk
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Barcelona fans disgusted by proposed new name for Nou Camp after agreeing Spotify deal
Barcelona fans are disgusted at the Nou Camp's proposed new name following the club’s £237million sponsorship agreement with Spotify.The Catalan side have agreed a three-season deal with the streaming service, according to RAC1, which will see the Spotify logo emblazoned across their jerseys starting from next season.But the Catalonia-based radio station also revealed the Blaugrana’s iconic stadium may also have to change its name to the Spotify Nou Camp as part of the proposed new deal.And Barcelona fans have taken to social media to slam the decision despite the club being in financial turmoil and requiring additional revenue from commercial investors.One fan wrote on Twitter: “Call me out of date/touch etc but get this in the bin and not the recycling one either.”Another Barcelona supporter tweeted: “Barcelona ‘in £237m Spotify deal’ that will result in stadium being called the ‘Spotify Nou Camp’, a name that approximately zero fans will use.”A third added: “Just no. Cheapens the name of a great stadium”Yet the deal is reportedly likely to go through with Spotify owner Daniel Ek, who previously expressed his interest in football by launching a £1.8billion to buy Arsenal from Stan Kroenke.Do you think Barcelona have sold their soul in recent years? Let us know in the comments section.Want to be on the ball with all of the latest football news?Well then sign up for the brilliant Daily Star football email newsletter!From the latest transfer news to the agenda-setting stories, get it all in your email inbox - don't miss a thing.It only takes a matter of seconds.Simply type your email address into the box at the top of this article and hit 'subscribe'.And that's it, job done.
completemusicupdate.com
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Setlist: HitPiece NFTs spark a cease and desist frenzy
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including the controversy sparked by a company called HitPiece after it appeared to be selling NFTs related to a plethora of musicians without permission, plus accusations by Lil Yachty that another music-focussed NFT Company, Opulous, used his name and brand as part of its launch communications, even though – he claims – he had not agreed to get involved in the venture.SECTION TIMES01: HitPiece (00:08:37)02: Lil Yachty (00:20:55)(Timings may be slightly different due to adverts)SUBSCRIBE TO SETLISTListen to Setlist and sign up to receive new episodes for free automatically each week through any of these services…Acast | Amazon Music | Apple Podcasts | audioBoom | CastBox | Deezer | Google Podcasts | iHeart | Mixcloud | RSS | Spotify | Stitcher | TuneInSTORIES DISCUSSED THIS WEEK• Artists and labels hit out at unofficial NFTs site that allows people to “own a song”• Lil Yachty sues music NFT start-up Opulous for trademark infringement• Opulous says Lil Yachty lawsuit is “meritless”ALSO MENTIONED• Joe Rogan and Daniel Ek commit to beefed up and more transparent content polices in response to Neil Young boycott• Spotify science podcaster hits out at Spotify’s response to Rogan backlash• Spotify boycott grows as Young v Rogan fallout continuesMORE FROM CMU• Upcoming CMU webinars• Buy MMF and CMU Insights’ Dissecting The Digital Dollar book on Amazon• Sign up to receive the CMU Daily news bulletin
variety.com
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Spotify CEO Apologizes to Staff Over Joe Rogan N-Word Controversy
Todd Spangler NY Digital EditorSpotify CEO Daniel Ek, under fire from critics inside and outside the company over its partnership with Joe Rogan, said in a memo to employees that was “deeply sorry” for how the controversy over the podcast host has affected them.But in the wake of the company removing 70 past episodes of his podcast and Rogan’s use of the N-word on his show, Ek signaled that Spotify does not plan to end its deal to distribute “The Joe Rogan Experience.”“I do not believe that silencing Joe is the answer… canceling voices is a slippery slope,” he wrote in the memo Sunday, which was obtained by Variety.Ek said he is “committing to an incremental investment of $100 million for the licensing, development, and marketing of music (artists and songwriters) and audio content from historically marginalized groups.” “If we believe in having an open platform as a core value of the company, then we must also believe in elevating all types of creators, including those from underrepresented communities and a diversity of backgrounds,” the CEO wrote.Rogan has been a controversial figure ever since Spotify inked its exclusive deal with him in 2020, his hosting of right-wing personalities on “The Joe Rogan Experience.” The latest controversy over coronavirus misinformation on Rogan’s podcast has gone beyond the low-boil level that has previously accompanied outrage over comments on his podcast. That was led by Neil Young, who demanded Spotify pull his songs or drop Rogan, and has been followed by a few other artists and creators.According to Ek, Spotify has had conversations “with Joe and his team about some of the content in his show, including his history of using some racially insensitive language.
nme.com
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Jon Stewart defends Joe Rogan over Spotify row: ‘This overreaction is a mistake’
Spotify over comments made on his podcast.Neil Young was the first to pull his music due to Rogan spreading “misinformation” about COVID-19, with Joni Mitchell and Graham Nash following in solidarity.Spotify CEO Daniel Ek responded to the row in an official statement, saying that Spotify would be adding COVID-19 content advisories to all relevant podcast episodes and Rogan himself has publicly addressed the backlash in a post discussing “some of the controversy that’s been going on over the past few days”.Now, Stewart has waded into the row on his own podcast The Problem With Jon Stewart saying artists’ actions towards Rogan were “a mistake”.“There’s no question that there is egregious misinformation that’s purposeful and hateful, and that being moderated is a credit to the platforms that run them,” Stewart said. “But this overreaction to Rogan, I think, is a mistake.”He pointed to an episode of the Joe Rogan Experience in which Rogan argued with Australian media personality Josh Szeps about whether COVID-19 itself or its vaccine was more likely to make patients vulnerable to myocarditis.When the two disagreed, Rogan offered to look it up, and when he was proven wrong he accepted it.As a result, Stewart believed that Rogan was open to other opinions and urged artists not to not “leave, abandon or censor” but instead “engage”.Meanwhile, India.Arie has become one of the latest artists to leave Spotify over Rogan’s “language around race”.
completemusicupdate.com
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Spotify boycott grows as Young v Rogan fallout continues
A steady stream of artists and other creators continue to join the Spotify boycott over the Joe Rogan podcast, although the streaming service’s boss Daniel Ek has told investors that it’s too soon to say to what extent that boycott is having a negative impact on subscriber numbers.The boycott was instigated by Neil Young, of course, who in turn was responding to a letter signed by 250+ scientists and medics which accused the Spotify exclusive podcast the Joe Rogan Experience of “a concerning history of broadcasting misinformation, particularly regarding the COVID-19 pandemic”.After Young’s label confirmed it was removing the musician’s music from Spotify – and other artists piled onto social media pledging support and, in some cases, announcing that they were joining the boycott – both Ek and Rogan issued statements on Sunday evening, hoping to quell the rebellion.Ek said that Spotify actually had solid policies for dealing with any misinformation that appears in podcasts uploaded to the platform, but that it needed to be more transparent about those policies.He also committed to signpost COVID information approved by the scientific consensus alongside any podcast which, although adhering to Spotify’s misinformation policies, nevertheless contain controversial opinions about the pandemic.
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