Spotify’s boss says it is “too early to know” how the controversy over Joe Rogan’s podcast, which averages 11m listeners an episode, has hit the streaming service
Musicians, including Neil Young and Joni Mitchell, asked for their music to be removed from the platform following criticism that the US broadcaster has helped to spread COVID misinformation.
Spotify has projected slower subscriber growth for this quarter, one of many tech companies to start 2022 not as well as planned.
The streaming company’s shares fell by more than 10% in after-hours trading.
“Usually when we’ve had controversies in the past, those are measured in months, not days,” Spotify’s chief executive Daniel Ek told investors.
“We don’t change our policies based on one creator, nor do we change based on any media cycle or calls from anyone else,” he added.
Spotify revealed earlier this week that it was working to add advisory warnings to any podcast discussing COVID.
The streamer has also made public rules which give it the power to remove or suspend users and podcasts that promote dangerous falsehoods.
