Spotify customers who pay fees don’t seem to care much.
Despite the backlash, spotify (spot)
Its paid memberships have seen an increase, and it now has 182 million premium subscribers — up from 180 million in the previous quarter and 15% higher year on year, the company said in its first-quarter earnings report on Wednesday. Total revenue increased by 24% compared to last year.
Those numbers are roughly in line with what the company said it expects in terms of growth. In fact, Spotify has indicated that it would have done better had it not withdrawn from Russia in April After the country invaded Ukraine.
“Except for the impact of our exit from Russia, subscriber growth exceeded expectations,” the company said.
So, while Rogan may have caused a major PR headache for the company, Spotify hasn’t faced a mass exodus because of it — at least not from those paying for the service.
In February, artists like Neil Young and Joni Mitchell
He told Spotify to pull their music from the platform due to Covid comments made on Rogan’s show. “They can have Rogan or Young. Not both,” Young said at the time.
Other artists such as Crosby, Stills, Nash and India Ari have followed suit.
After the backlash, Spotify Added advisory content
For all podcast episodes that include discussions about Covid-19.
Spotify CEO Daniel Ek too Take up controversy in February
The company is “trying to balance creative expression with the safety of our users,” he said.
“Of course, this is a very complicated issue,” Eck said of the company’s earnings after February. “But I’m really proud of the steps we’ve taken in the wake of the concerns raised by the medical and scientific community.”
As for Rogan, he responded to the situation at the time by saying, “He is not trying to promote disinformation.” Recently, the host claimed that he got a subscriber increase due to the uproar.
“It’s interesting, but my subscriptions are skyrocketing,” Rogan said on an episode earlier this month. “That’s crazy.” “During the height of it all, I gained 2 million subscribers.”