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Spotify’s
SPOT,
decision to keep Joe Rogan’s podcast — which in multiple instances has broadcast false claims about COVID-19 vaccines — is leading many users to say they’re canceling their subscription to the streaming service.
Their actions come as Neil Young announced he would pull his music off the platform if Spotify continued to feature Rogan’s podcast, “The Joe Rogan Experience.” He said Spotify is “spreading fake information about vaccines — potentially causing death to those who believe the disinformation being spread by them.”
On Wednesday, Spotify ultimately allowed Young to pull the plug but made no changes to Rogan’s podcast, which was the most popular podcast worldwide on Spotify last year.
Will the wave of people canceling subscriptions last? Will it even make a dent in the company’s $32 billion market valuation?
Probably not, said Mark Cohen, director of retail studies at Columbia University.
“There’s a half-life to these protests and boycotts,” he told MarketWatch. “They don’t last very long, and lots of folks who say they’re canceling this subscription probably aren’t or they’ll renew them.”
Spotify didn’t respond to MarketWatch’s inquiry regarding how many users canceled their subscriptions this week and it didn’t respond to questions about the difficulty some users reportedly encountered attempting to cancel their subscriptions.
Right now, “Spotify is making a calculated decision that this will pass,” Cohen added.
“Generally speaking, that’s correct. But they might be risking far more damage than they can imagine because the subject of the dispute is something that’s explosive,” he said referring to health evidence on the dangers of not getting vaccinated against COVID-19.
In a tweet posted on Thursday, World Health Organization Director-General Tedros Adhanom Ghebreyesus thanked Young for his advocacy against spreading lies about COVID-19.
Apple Music
AAPL,
took a dig at Spotify on Thursday, reminding customers that they “can listen to Young’s entire catalog.”
