The market lesson in the Spotify, Joe Rogan drama: Morning Brief – Yahoo Finance
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Wednesday, February 2, 2022
Focus on the fundamentals, ignore the outrage brigades
Since Neil Young noisily departed Spotify in protest over its hosting of Joe Rogan, the platform has endured a slow drip of chart-toppers from a bygone era opting to join Young, and a torrent of bad press. Meanwhile, related Google searches have spiked dramatically in the last few days.
Within the last few days, Joni Mitchell, Nils Lofgren, Graham Nash, India Arie (a personal favorite) have also pulled their music off Spotify (SPOT) in solidarity in an effort to oust the podcaster — by far Spotify’s most popular personality, with 11 million listeners.
On Sun...