(Reuters) – Spotify Technology’s shares fell 5% on Friday after Joe Rogan’s podcast was briefly not accessible on the corporate’s streaming platform.
The podcast can now be accessed and Spotify did not instantly reply to a request for remark.
The firm has been below fireplace after Rogan, who signed a $100-million cope with Spotify in 2020, aired controversial COVID-19 views on his present and drew protests from artists Neil Young, Joni Mitchell and India Arie.
Spotify’s Chief Content Officer Dawn Ostroff instructed advertisers at a convention final week that the backlash round Rogan’s podcast had been a “actual studying expertise” for the streaming service.
The firm’s shares, which have fallen about 59% since hitting a document excessive almost a yr in the past, have been buying and selling at $151.16 on the New York Stock Exchange.
(Reporting by Akash Sriram in Bengaluru; Editing by Shounak Dasgupta)
