"Joe Rogan's Multi-Million Dollar Spotify Renewal Deal"

1 min read
Source: The Guardian
"Joe Rogan's Multi-Million Dollar Spotify Renewal Deal"
Photo: The Guardian
TL;DR Summary

Spotify has signed a new multi-year deal with Joe Rogan, estimated to be worth up to $250 million, to drive advertising revenue through his popular podcast. The deal involves an upfront minimum guarantee and a revenue sharing agreement based on ad sales. The Joe Rogan Experience will soon be available on other platforms such as Apple, Amazon, and YouTube. Spotify's focus on boosting ad revenue has seen a significant increase in podcast consumption on its platform, with overall podcast consumption increasing by 232% since the podcast became exclusive to Spotify.

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