Spotify Won’t Renew Podcast Deal With The Obamas

(ZeroHedge) After a handful of D-grade, washed out artists recently quit Spotify over their virtue signaling “protests” of Joe Rogan, Spotify has turned the table and has refused to renew the contract on the Barack and Michelle Obama podcast after it expires this year.

According to Bloomberg, the former first family’s production company, Higher Ground, won’t be signing a new deal with the audio platform, and is instead talking to other distributors about a deal “worth tens of millions of dollars, among the most-lucrative in the podcasting business.”

We are primarily funded by readers. Please subscribe and donate to support us!

However, while a quick glance at the Bloomberg story would leave one with the impression that the decision to depart Spotify – best known for hosting the Joe Rogan podcast – was the Obamas’ (yes, it may come as a surprise to many, but they too have a podcast), just a few lines lower we read that Higher Ground – the production company – is in the middle of negotiations with several potential partners, including Amazon’s Audible and iHeartMedia – and has also spoken to Spotify, “but the Swedish streaming giant declined to make an offer, according to three sources familiar with the discussions.”

www.zerohedge.com/markets/spotify-wont-renew-podcast-deal-obamas

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.