Spotify's deal with joe rogan was reportedly a hundred million dollars. When you stream music on spotify usly, spotifi pays royalties to the labels and musicians. But when you stream a podcast, specifically a podcast that spotify exclusively distributes and monotizes, it makes money from you. Even if you're a paying subscriber of spotify, you still get ads in the podcast.
The podcast host built a massive audience by speaking to fringe figures in culture, business, and science. During the pandemic, that got him in trouble with Neil Young, among others.
This episode was produced by Will Reid and Amina Al-Sadi, edited by Matt Collette, engineered by Efim Shapiro, fact-checked by Laura Bullard and hosted by Sean Rameswaram.
Transcript at vox.com/todayexplained
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