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Spotify shifts strategy as investors look to future of podcasts
Joe Rogan’s podcast will no longer be exclusive to Spotify, as the streaming giant embraces distribution on other platforms.
The Wall Street Journal reveals a new revenue-sharing agreement tied to ad sales, marking a departure from Spotify’s traditional exclusive content model.
While the exact terms of Rogan’s contract, including a minimum guarantee, remain undisclosed, this shift suggests Spotify is prioritizing ad revenue over exclusive deals. This strategic pivot comes after Spotify’s earlier approach of acquiring studios like Gimlet and Parcast to create exclusive content.
Investors are optimistic about the potential profitability of Spotify’s revamped podcast business, but this move may raise concerns in the broader podcast industry, where exclusive deals have been a longstanding norm. As Spotify navigates this change, it signals a dynamic shift in the podcasting landscape and prompts speculation about future industry trends.
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Trump claims Iran military neutralised as Strait Of Hormuz tensions surge
Trump claims Iran’s military largely neutralized; tensions rise with attacks threatening air travel and oil shipping.
Trump claims Iran’s military largely neutralized; tensions rise with attacks threatening air travel and oil shipping.
President Trump says Iran’s military capability has been largely neutralised, including its navy and air force, as the conflict in the Middle East intensifies. Iranian attacks have threatened commercial air travel and oil shipping through the Strait of Hormuz, raising fears of wider economic fallout.
The U.S. Embassy in Riyadh has faced two attacks, while Gulf states worked to intercept further Iranian strikes. Officials report six U.S. troops killed and more than 700 deaths inside Iran as the exchange of fire escalates.
With global markets watching closely, the region remains on edge as military and diplomatic tensions show no signs of easing.
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LIVE: U.S. and Israel launch war on Iran
U.S. and Israel escalate conflict with Iran, heightening regional war fears for the second time in eight months.
U.S. and Israel escalate conflict with Iran, heightening regional war fears for the second time in eight months.
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U.S. and Israel strike Iran, escalating war fears and risking wider regional conflict for the second time in eight months
What’s happening in the Middle East?
- Trump says U.S. strikes could last four to five weeks and described the operation as the last best chance to act, while Secretary of State Marco Rubio warns the hardest hits are yet to come
- Six U.S. service members have been killed, additional American forces are being deployed to the region, and the White House says nine Iranian naval ships have been destroyed
- Iran says it sees no limit to its right to self defence and will not negotiate, as missile and drone attacks continue across Israel, Lebanon and Gulf states
- More than 500 Iranians have been killed in U.S. and Israeli strikes, with further deaths reported in Lebanon, Israel and the UAE
- Shipping, aviation and energy markets have been severely disrupted, more than 11,000 flights have been cancelled, Gulf stock markets have closed temporarily, and oil and gas prices have surged amid Strait of Hormuz fears
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