"Joe Rogan's $250 Million Spotify Deal: The Power of Podcasting"

Spotify has signed a new multi-year partnership deal with podcast host Joe Rogan, whose show "The Joe Rogan Experience" will soon be available on competing platforms, including YouTube and Apple Podcasts. The estimated $250 million contract involves an upfront minimum guarantee and a revenue sharing agreement based on ad sales. Rogan's wide-ranging interviews have garnered a huge audience, but have also sparked controversy, particularly over his anti-coronavirus vaccine comments and use of racial slurs. Despite pressure to drop Rogan, Spotify CEO Daniel Ek has defended the host, stating that silencing him is not the answer.