Spotify will invest $100M in content from underrepresented creators, says CEO Daniel Ek

Spotify will invest $100M in content from underrepresented creators, says CEO Daniel Ek

2 years ago
Anonymous $CLERCuPQwa

https://techcrunch.com/2022/02/07/spotify-will-invest-100m-in-content-from-underrepresented-creators-says-ceo-daniel-ek/

In the latest installment of the Spotify-Rogan saga, CEO Daniel Ek sent out a company memo on Sunday addressing Joe Rogan’s use of harmful racial slurs in past episodes of his podcast. Over 70 of these past episodes have now been removed from Spotify. In the memo, which was published by The Hollywood Reporter, Ek declared that Spotify will invest $100 million in the licensing, development and marketing of music and audio content from historically marginalized groups. This is the same amount of money that Spotify paid to Joe Rogan for his exclusive content deal.

“I want to make one point very clear — I do not believe that silencing Joe is the answer,” Ek wrote to Spotify staff. “We should have clear lines around content and take action when they are crossed, but canceling voices is a slippery slope. Looking at the issue more broadly, it’s critical thinking and open debate that powers real and necessary progress.”