for you, is that a satisfactory response by spotify? >> i think it's a start to provide verify information, evidence-based information. but i think we need to distinguish between what spotify calls as controversial compares to what is simply wrong and false. there are different kinds of information, there's misinformation and disinformation, and when spotify allows information that is directly dangerous, like arguing that vaccines for covid-19 are not safe, or to take unproven treatments, then i think that that passes a certain line. >> courtney, spotify has said that in the past that it has removed more than 20,000 podcast episodes that covered -- cover covid-19 since the start of the pandemic, but it didn't with rogan, the most popular podcast host, and they are also paying him $100 million. why are they not touching joe rogan? is he too powerful to touch? >> he has 10 million viewers per episode. joe rogan had problematic guests on, but what's shocking is that spotify did not have a content moderation policy publicized on its website

spotify also doing damage control. this is going viral indeed -- talk about what rogan had to say, whether it was enough and what spotify is doing differently now. >> you just saw the snippet of joe rogan speaking in what was almost a 10 minute long video talking about how he is pledging to do more and have diverse voices on his platform, but spotify was waiting to put out any sort of information but they did put out a set of rules that says they are governing acceptable content but these rules had been in place prior to this joe rogan fallout. one of the steps they plan to take is adding a warning label to a podcast that discusses things like covid-19 and instead directing listeners to experts and other outlets that can verify that information. without mentioning any specific names, the ceo says it's important we don't take the position of being content sensors while also making sure there are rules in place and consequences for those who violate them. these comments alone sent company shares up 13%. something for the

in the past, the bias spotify catching up. now though, well, i think this goes to the point around regulation. so i don't think that we need regulators to decide what is the correct information or what is not correct information. because let's also be clear. this is a, it's called the novel corona virus because it is new. a lot of new information is coming up. the thing about science is that you have to introduce new evidence and update your understanding of that happen. so it's not so clear. but what is clear is that regulator should compel platforms before you can, you know, be a social media platform or provide a service that you need to have certain safeguards in place. one of those is to have clear content moderation guidelines that set out what is your content moderation policy um and that, that will then hold them to some level of account. similarly, we need to have independent oversight. you mentioned, you know, facebook and meta and twitter. this conte moderation issues, one of the, you know, big tough things that wer

black music gets the most spins on spotify. >> spotify has to decide whether they want joe rogan to remain a part of their corporate dna, and if so, they will have to also expect the liability that that partnership has now brought to their stakeholders and shareholders alike. >> it's been a tumultuous start of the new year for rogan and spotify. >> i'm sorry. >> just last week, rogan addressing an entirely different controversy. >> the podcast has been accused of spreading dangerous misinformation. >> after 76-year-old harvest moon singer neil young held rogan and his employer spotify's feet to the fire for allowing the host and his guests to spread what young says is rampant misinformation about covid-19 and the vaccine. >> the consumers and the creatives who share the platform with joe rogan are clearly saying in defiance that we would rather lose revenue than be aligned with the values and statements made by joe rogan. >> i am in no position to tell spotify not to have joe rogan. i don't believe in cancel culture. i don't want to be there while he is doing what he is doing. >> india.ari

one thing spotify has to do is at the - spotify has to do is at the beginning _ spotify has to do is at the beginning of— spotify has to do is at the beginning of these - beginning of these controversial- beginning of these - controversial podcasts is to put a — controversial podcasts is to put a disclaimer. _ controversial podcasts is to put a disclaimer. these - put a disclaimer. these opinions _ put a disclaimer. these opinions that— put a disclaimer. these opinions that they - put a disclaimer. these - opinions that they expressed our contrary— opinions that they expressed our contrary to _ opinions that they expressed our contrary to the _ opinions that they expressed our contrary to the opinions i opinions that they expressed i our contrary to the opinions of the consensus _ our contrary to the opinions of the consensus of _ our contrary to the opinions of the consensus of experts. - our contrary to the opinions of i the consensus of experts. also, if there's— the consensus of experts. also, if there's anything _ the consensus of experts. also, if there's anything i�

so spotify has more customers than any other streaming service. it says it pumped out music and other content to about 380000000 people in more than 180 countries last year. that's when it reported revenues of $9000000000.00, and it makes its money through what it calls premium subscriptions would charge a monthly fee, or you can listen with ads for nothing. so it's courtney, you know, at the bottom line these companies are making money and they need to do what suits them to protect their profits. something. oh, well yes, but on the other hand, it's pretty shocking that a $9000000000.00 company didn't have a publish content moderation policy. i mean that's, that's astounding. but i think that this goes to the point, which is he want a variety of platforms. i'm, you know, it's absolutely right that if you're a smaller artist and you just depend on those algorithms to flag your moot music to those hundreds of millions of subscribers than you're a captive audience. but the thing is, as you know, if we're not promoting alex jones of, in a wars and you

as you say spotify _ artist 's one-on-one. as you say spotify is _ artist 's one-on-one. as you say spotify is hardly - artist 's one-on-one. as you say spotify is hardly alone i artist 's one-on-one. as you | say spotify is hardly alone on coming under pressure about misinformation but how different is spotify�*s controversy compared to others like facebook and google because as i understand spotify relies on subscribers, there is no add revenues and so on. spotify�*s business model is a little bit different from those other social media platforms. spotify does have... it is important to the upside of business. spotify makes the big part of its revenue by selling subscriptions. firstly although spotify has been pushing into podcasting aggressively for a number of years and thejoe rogan deals a big part of that. many of those premium subscribers, the majority, people who are paying to subscribe, what they are paying for is the music. despite the podcast prioritisation in recent years. it does also mean that if there is a bit of a controversy that has been building in

we will - return to spotify and joe rogan in a return to spotify and joe rogan in a moment, but let's spend a bit of time closer to home. bbc three is back as a traditional tv channel and its controller, fiona campbell has been explaining why. fix, its controller, fiona campbell has been explaining why.— its controller, fiona campbell has been explaining why. a channel is an additional signal, _ been explaining why. a channel is an additional signal, it _ been explaining why. a channel is an additional signal, it is _ been explaining why. a channel is an additional signal, it is a _ been explaining why. a channel is an additional signal, it is a really - additional signal, it is a really loud noise on which we can place our most successful shows and launch new talent from. it is a place from which we can shout and say, this is the place for you. you can switch it on, relax and see your world and struggles reflected. there is evidence in the industry after research that shows that tv is still used for watching cable and free to air services. used for watching cable and free to airse

when neil young offered the option of spotify of young or rogan, so far, spotify have chosen rogan. he has millions of followers on social media and let me give you an idea of what his podcasts are like. sometimes conversations can be very long, over three hours. this is one with elon musk last year which drifted onto the question of the human race beyond earth. could you colonise the galaxy in a million years, absolutely you would build bases on mars and use malls tojump after these other set up places there and over thousands of years? you know, from one solar system to the next. that is something for us to consider. jake, media correspondent at the times, can you explain why spotify, business initially based around music streaming would move so heavily into podcasting with an exclusive deal with joe rogan? first and foremost, podcasting is booming at the moment. joe rogan is perhaps spotify�*s biggest bet in this area. they have spent a reported £100 million, sorry $100 million tying him down into an exclusive deal. it speaks to the growing streaming and audio and spotify has

and we'll talk about spotify and joe rogan. he's in the middle of a storm over covid misinformation that may have been on his podcast, and some people are saying, "should spotify really be funding content like that?" we will get into all of the issues that raises. let me introduce you to our guests. we have elizabeth dwoskin, silicon valley correspondent at the washington post, jake kanter, media correspondent at the times, rosanna pound—woods, who's a producer of the catch up on bbc three, and batya ungar—sargon, deputy opinion editor on newsweek. and, batya, i wonder — you commission lots of opinion pieces. will you be commissioning something onjoe rogan? yeah, absolutely. so at newsweek, we really try to represent the full breadth of opinion relevant to americans. and so we're going to have pieces on rogan from an independent media point of view, we're going to have pieces from that sort of disinformation point of view, we have pieces talking about how this story is about the culture wars, about the class wars, about t

we're drawing a distinctive between facebook and spotify because spotify's paid joe rogan and facebook does not pay country creators, it's a valid distinction but you asked about options. let's say that spotify ends its deal with joe rogan and now his show is on youtube and apple and spotify and facebook and anywhere else you can listen to a podcast. i'm not entirely sure what that solves beyond having a direct relationship between rogan and spotify. it seems why rumble is tossing it hat in the ring, one of the options is that rogan continues to do what he's doing or all the major platforms decide they will not be in business with him. emily: david, your reaction? david: one possibility is they can review the podcast before they air. if 130 episodes had to be removed, he has set a lot of things that are offensive to a lot of people. there was no reason why they cannot take the interim step of saying publicly, we are going to pay more attention to what's said on this show before it air. i don't know why spotify would not do something like that. emily: all right. fair enough. thanks for

we're drawing a distinctive between facebook and spotify because spotify's paid joe rogan and facebook does not pay country creators, it's a vlid distinction but you asked about options. let's say that spotify ends its deal with joe rogan and now his show is on youtube and apple and spotify and facebook and anywhere else you can listen to a podcast. i'm not entirely sure what that solves beyond having a direct relationship between rogan and spotify. it seems why rumble is tossing it hat in the ring, one of the options is that rogan continues to do what he's doing or all the major platforms decide they will not be in business with him. emily: david, your reaction? david: one possibility is they can review the podcast before they air. if 130 episodes had to be removed, he has set a lot of things that are offensive to a lot of people. there was no reason why they cannot take the interim step of saying publicly, we are going to pay more attention to what's said on this show before it air. i don't know why spotify would not do something like that. emily: all right. fair enough. thanks for t

spotify responding to the criticism. in an open letter, ceo daniel ecke writing in part it is important to me that we don't take on the position of being content censor, while also making sure there are rules in place and consequences for those who violate them. >> the joe rogan experience. >> reporter: rogan is also known for promoting the drug ivermectin on his show "the joe rogan experience." despite the fda warning it has not been shown to help with covid-19 in many rigorous studies and may be dangerous. >> i think specifically a lot of times on joe's show, they encourage the wrong thing, and it's disingenuous, and dangerous at times. and we felt like we had no choice but to stand with neil. >> reporter: guitarist nils lofgren pulling nearly 27 years of his work off the site. >> i hope there will be a dozen or so huge artists, young and old that join us. >> reporter: young's long-time friend joni mitchell also pulling her music from spotify, saying irresponsible people are spreading lies that are costing people their

also spotify and their treatment of artists and there's that. i knew about joe rogan's insensitive comments about race before. i'm a podcast listener and heard many episodes. i tuned it out but brought into my world as artist, a working musician, want to get into that tonight, i hope, as working musician always had issues with spotify, now the joe rogan thing and can't -- he's not the reason but the final reason. >> you were a listener and started tuning out. you held your hand up, said you have issue with spotify, you have this and -- what do you mean by that. explain to the viewer. >> i feel like the average person confuses the culture -- my opinions are nuanced, human beings are. average person confuses celebrity culture with being a working musician. everybody's not on tmz arguing about their kids, that's celebrity culture. avast majority of working musicians, write and produce the songs, multiple people behind all music you hear, even in commercials, multiple people make that music. your favorite songs, kids' songs, "baby shark," somebody w

groups, roughly the same price as rogan's spotify deal. joining us is "washington post" opinion columnist karen atia. karen, has spotify done enough here? how do you think they've handled this? >> yeah, handled this, i mean, as any brand that still wants to be able to say that they can profit off of a podcast that not only frequantitily has dehumanized black people and other groups, women, but it's black history month and i feel like these sort of -- they would be all #black lives matter one minute and curate black history month spotify playlist for us one minute and then say that, well, we aren't going to do anything about joe rogan or his podcast because we want to promote quote, unquote open debate. i said this on twitter. the crux of the problem per those turning this into an issue of silencing and cancel culture is this notion that somehow our safety and as nonwhite, nonmale people is something that is still a debatable issue that is still something that we haven't settled the question on. and so, you know, honestly, if spotify is --

i'm not advocating for spotify to kick joe rogan off their platform but what i do think is spotify gives joe rogan undue attention from millions of people. you go on spotify, you will see joe rogan's podcast often times right there front and center. often times the algorithms will boost it because it is more popular than other more quality podcasts. spotify has to do more through it algorithms to make sure this contt is not reaching more people than scientific content or people within the medical establishment who understand this in scientific terms. >> there are people who are calling for spotify to kick him off. it seems like that is what neil young was arguing. if rogan were kicked off spotify, wouldn't he take his colossal audience somewhere else and be in some ways outside of the checks and balances however me. as you put it that spotify is providin? >> with traditional media especially radio and tv, troops like the fcc are regulating what people can say and do. that is not censorship. that is working to protect people in a democratic society. you can ask howard stern what it looks

on spotify. this is a media relationship gone sideways and that's the issue here. >> rogan awe popologized, can'tk of any situation that he's felt worse about but given that spotify continues to stand with him, i can't imagine anything lower than this, videos like this coming out, but is there any concern that there could be more disturbing videos? >> i think it's very possible. 1,400 episodes. you would have thought spotify would have listened to all of them working exclusively but the more likely scenario is we'll hear from more artists, employees and subscribers who want to cut their spotify bill and pay for it. and ultimately, this is bigger than spotify. a lot of tech companies are dealing with something similar. freedom of sepeech and freedom f reach. freedom of reach is something different. promoting roe gan is different. >> reach, speech and then, of course, business at the end of the day. he does bring them a lot of money. >> that's right. >> brian stelter, as i said, good to see you in

right after leaving spotify. neil young put out saying, hey, if you want to find my music, you can find it on amazon. well, amazon doesn't exactly have the greatest of the history when it comes to like treating employees, right. breaking the rules and you know, workplace bad wages, the workplace difficulties. so, you know, there's no, you can't for all over, but everybody who's working for no matter what the platform is or what the corporation is running. every corporation at this point for the most part has had some kind of like conflict or bad actors either within it or has done some pretty nasty things in their past. but you know, you as an artist got to think about, you know? yeah, absolutely. and certainly when it comes to this situation, everyone seems to have a take on it. and a do mean everyone. i also want to bring up this comment. we heard from the president of brazil to both to narrow who chip to twitter. and he said, i'm not sure what you're rogan, thinks about me or my government, but it doesn't matt

however, neither he nor spotify responded to our interview requests. social media platforms like facebook and twitter have been under this kind of scrutiny for years for spotify and podcast in general. it's something that the part of that is just logistical. it's very easy to, to crawl through the content of twitter or facebook, instagram, even youtube because it has captioning and to flag various types of content where there be misinformation are seen as offensive when it comes to podcasts. there are so many of them, and you basically have to go through audio bit by bit to really catch and flag content. it's great that we looked at it. we welcome joe rogan acknowledged in this video apology with comcast started as a way for him to kind of have these 3 willing conversations with people who like people he found interesting. and he felt acknowledge that it's basically gotten completely out of control if he is going to start venting his guests or starts during the conversations in a less controversial direction. that may satisfy some critics. but i think

also spotify and their treatment of artists and there's that. i knew about joe rogan's insensitive comments about race before. i'm a podcast listener and heard many episodes. when i learned of the language, i tuned it out but brought into my world as artist, a working musician, want to get into that tonight, i hope, as working musician always had issues with spotify, now the joe rogan thing and can't -- he's not the reason but the final reason. >> you were a listener and started tuning out. you held your hand up, said you have issue with spotify, you have this and -- what do you mean by that. explain to the viewer. >> i feel like the average person confuses the culture -- i'll hold my hand up again, my opinions are nuanced, human beings are. average person confuses celebrity culture with being a working musician. everybody's not on tmz arguing about their kids, that's celebrity culture. avast majority of working musicians, write and produce the songs, multiple people behind all music you hear, even in commercials, multiple people make that music

what about spotify doing that? >> i think mike has it right that what was going on during the pandemic, i think, like, it was like a magnifying glass just looking how many people all of a sudden were looking for more forms of entertainment or more things to do it takes a little, a while for that to fall off pull back and think what was going on with this name from 2018 until the pandemic, the stock price was already struggling, because i don't think there is complete buy-in with the business that they're trying to build. this idea of, okay get phil simmons, joe rogan, then maybe barack obama and bruce springsteen and get michelle obama, too, and get the royals, all of these famous people and put nem front of the microphone, kincaid, and magic will happen. i really don't think that that's going to work. i think you have professional podcasters, like rogan and the ringer, there aren't a lot of those. and celebrities like signing deals like cutting ribbon on thing the but don't show up and actually deliver do you know

and spotify says these podcasts do not represent spotify's values. but when companies say that, clearly the company's values are making money. like, and no shade by the way, those are the values of every company. you know? part of me actually wishes spotify would just drop the facade and say we do not believe in silencing joe rogan because he makes us money but if at some point he ends up costing us money then we will drop him because of money. so... is joe rogan a racist because he said these things? people will go back and forth forever on this. it almost made me think maybe the question we should be asking is at what point is a person a racist? is it when they do a racist thing? or is it when they do many racist things? or is it about the severity of the racism and how do you measure the severity of racism? truth is everyone's going to have their own answer. spotify has chosen theirs, and as for joe rogan, he says he's learned his lesson, and i hope he has, but i will say if i were him, i wouldn't walk into a cinema in a black neighborhood for a l

let me try something else bonafide, and they're the ones spotify never said a goddamn thing to me. they're amazing. rogan did not want to talk to us, however, neither he nor spotify responded to our interview requests. social media platforms like facebook and twitter, have been under this kind of scrutiny for years for spotify and podcast in general . it's something that the part of that is just logistical. it's very easy to crawl through the content of twitter or facebook, instagram, even youtube because it has captioning and to flag various has a content where there be misinformation are seen as offensive when it comes to podcasts. there are so many of them, and you basically have to go through audio bit by bit to really catch and flag content is great how we look at each other. we welcome joe rogan acknowledged in this video. apology pod cast started as a way for him to kind of have these 3 willing conversations with people who like people he found interesting. and he himself acknowledged that it's basically gotten completely out of control if he is going to start venting his gu

what do you make spotify response here? look, i think that the spot fire response has been very measured and reasonable. i think that they're aware that this is a challenge for all media companies, but you also have to recognize that joe is, is essentially a glorified journalist. he's just there, he's asking questions. he doesn't always get it right. and i think he's also been very forward leaning in terms of saying, hey, i will have a great variety of guests on my pod cast that present both sides of the argument. so i think the response from both spotify and job to be thoughtful and measured. well, it's interesting that you call the glorified journalists because we do live in a time where so many people don't trust the traditional media. and so it's notable how they're going to other sources looking for that information. now, lionel, what's your take on this situation? i mean it's not like broken is claiming to be a journalist himself here. so what should be expected of him? first, are you telling me that anybody is actual

what do you make spotify response here? look, i think that this is one of our response has been very measured and reasonable. i think that they're aware that this is a challenge for all media companies, but you also have to recognize that joe is, is essentially a glorified journalist. he's just there, he's asking questions, he doesn't always get it right. and i think he's also been very forward laney, in terms of saying, hey, i will have a great variety of guests on my pod cast that present both sides of the argument. so i think the response from both spotify and job to be thoughtful and measured. well, it's interesting that you call the glorified journalists because we do live in a time where so many people don't trust the traditional media. and so it's notable how they're going to other sources looking for that information. now why know, what's your take on the situation? i mean it's not like brogan is claiming to be a journalist himself here. so what should be expected of him? first, are you telling me that anybody is ac

so what's behind the increase to spotify? his stock price, is it about rogan's of borders, or is it about the way that the company is handle that handled this? is that telling us anything? is a couple of things that need to be considered? certainly it had already dropped $0.20 since the start of the so it's had it's bounced back. it's been a big bounce back day for the market today. there was an upgrade of the stock because i think people recognized that had been unfairly punished. so i think it's just a natural correction. i don't think that it's quantify fans. i think this is, this is just big funds. recognize this is an opportunity. this is a business that is the media platform or one of the key media platforms of the future. and that it makes sense, given that it had such a correction to start to buy and at this point in simon for you follow all of this . i mean, i want to go back to line of points about who cares about joni mitchell and neil young and some of the, the, they're hard to are saying that, i mean, if you're s

spotify is not backing down. on a company call, ceo daniel oct, said they don't change their policies on any media cycle or call from anybody else. spotify paid joe rogan more than $100 million for the exclusive rights to his podcast, and critics say he sometimes misses misinformation about covid to his listeners. david, it's really good to have you. you want to remove your music. it's complicated because you don't own the rights to it but you asked your record label to try and do that. tell me, what do you want to see from spotify to put your music back on it? what is a good result here? >> you know, i don't feel i have the right to tell spotify what to do, or joe rogan. i think they both have a right to, you know, express themselves however they want. we are only saying we don't like that content, we don't like some of the things he does, and i don't like him using the n-word. i don't like a lot of things about him, but my point is, i have a right to not want my music on the same platform as his, his program. t

right after leaving spotify. neil young put out saying, hey, if you want to find my music, you can find it on amazon. well, amazon doesn't exactly have the greatest of a history when it comes to like treating employees, right. breaking the rules and you know, workplace bad wages, workplace, difficulties. so, you know, there is no, you can't for all over, but everybody who's working for no matter what the platform is or what the corporation is running. every corporation at this point for the most part has had some kind of like conflict or bad. you know, actors either within it or has done some pre nasty things in their past, but, you know, you as an artist, got to think about, you know? yeah, absolutely. and certainly when it comes to this situation, everyone seems to have a take on it. and a do mean everyone. i also want to bring up this comment. we heard from the president of brazil to both narrow who chip to twitter, and he said, i'm not sure what your rogan thinks about me or my government, but it doesn't matt

however, neither he nor spotify responded to our interview requests. social media platforms like facebook and twitter have been under this kind of scrutiny for years for spotify and podcast in general. it's something that the part of that is just logistical. it's very easy to crawl through the content of twitter or facebook, instagram, even youtube, because it has captioning and flag various has a content where there be misinformation are seen as offensive when it comes to podcasts. there are so many of them, and you basically have to go through audio bit by bit to really catch and flag content is great how we look at each other. we welcome june, rogan acknowledged in this video. apology pod cast started as a way for him to kind of have these 3 willing conversations with people who like people he found interesting. and he himself acknowledge that it's basically gotten completely out of control if he is going to start venting his guests or starts during the conversations in a less controversial direction. that may satisfy some critics. but i think it ma

however, neither he nor spotify responded to our interview requests. social media platforms like facebook and twitter have been under this kind of scrutiny for years for spotify and podcast in general. it's something that the part of that is just logistical. it's very easy to crawl through the content of twitter or facebook, instagram, even youtube, because it has captioning and to flag various has a content where there be misinformation are seen as offensive when it comes to podcasts. there are so many of them, and you basically have to go through audio bit by bit to really catch and flag content is great how we look at each other. we welcome joe rogan acknowledged in this video. apology pod cast a started as a way for him to kind of have these 3 willing conversations with people who like people he found interesting. and he himself acknowledge that it's basically gotten completely out of control if he is going to start venting his guests or starts during the conversations in the less controversial direction. that may satisfy some critics. but i think

bottom line is simply this spotify is going to survive. it's playing music, but this is to teach the next joe rogan and then next, whoever. don't even think about going against the collective narrative, or you'll be this greece bought that we used to call joe joe of arc thought that i have about 30 seconds left. where does this all go from here? do we expect that i paid a could 30, or is it kind of done at this point? no, i think this, this is a shot across the bow media companies just to be continually vigilant. and mindful that this they have to monitor their challenge. they have to monitor the message, is that a bank that out there on the service? that doesn't mean that they, they need to control the message, but they just need to be measured and fair and reasonable in the way that information being presented on a global bi. absolutely, very diverse opinion say legal media analyst, lydell and simon gallagher of s p g global. thank you both for giving your insights that it thank you. and finally, it looks like the met averse is about to

however, neither he nor spotify responded to our interview requests. social media platforms like facebook and twitter have been under this kind of scrutiny for years for spotify and podcast in general. it's something that the part of that is just logistical. it's very easy to, to crawl through the content of twitter or facebook, instagram, even youtube because it has captioning and to flag various has a content where there be misinformation are seen as offensive when it comes to podcasts. there are so many of them, and you basically have to go through audio bit by bit to really catch and flag content. it's great that we looked at each other. we welcome joe rogan acknowledged in this video apology. comcast has started as a way for him to kind of have these 3 willing conversations with people he like people he found interesting and he felt acknowledge that it's basically gotten completely out of control if he is going to start venting his guests or starts during the conversations in a less controversial direction. that may satisfy some critics. but i thi

but 1st, spotify in the spotlight. it's the world's biggest music stream. now, weathering a multi $1000000000.00 free speech controversy. i'm holland cook in washington. this is the big picture on our t america. ah neil young's music, his voice protest for decades. some radio stations including the one i was working at the time band, the song ohio. after the kent state shootings, and now david crosbie, stephen stills and graham nash have rejoined young and joni mitchell among other recording artists telling spotify it may no longer stream their music to protest cobra misinformation, by its podcast or joe rogan. he hosts the joe rogan experience for which spotify paid a re ported, grab the armrest, $100000000.00. it's their most. listen to podcast, rogan, there's been a prominent vaccine skeptic, critical of covert government mandates. when this protests lit up, social media, spotify stock last more than $4000000000.00 in one day after which spotify ceo shared that it's become clear to me, that we have an obligation to do more to provide balance and access t

but you're still on spotify. — the right approach yet. but you're still on spotify, yes? _ the right approach yet. but you're still on spotify, yes? quickly... . the right approach yet. but you'rel still on spotify, yes? quickly... on the stock. — still on spotify, yes? quickly... on the stock. very _ still on spotify, yes? quickly... on the stock, very quickly! _ still on spotify, yes? quickly... on the stock, very quickly! a - still on spotify, yes? quickly... on the stock, very quickly! a few i the stock, very quickly! a few months ago _ the stock, very quickly! a few months ago we _ the stock, very quickly! a few months ago we had _ the stock, very quickly! a few months ago we had this i the stock, very quickly! a few - months ago we had this conversation about— months ago we had this conversation about netflix and dave chappelle, they were able to move on, we will find out _ they were able to move on, we will find out but — they were able to move on, we will find out but my suspicion is we will not be _ find out but my suspicion is we will not be talking about

spotify is essentially his publisher. as you said, it's a spotify show. i understand people feeling uncomfortable. in some ways, there is no good way to deal with this. because once people see joe rogan saying that he's going to give you these voices that big media wants silenced. once people are out there saying this is dangerous and you have to shut it down. that just proves his point to a big part of his audience. that he is the say are of unsayable thinks. at the same time, his audience is massive. i don't know that all of them are realizing as he said in that instagram, i'm going to start doing more research before my shows. i don't know if all of them realize that he hadn't been doing research before his shows. people take that so seriously. there is a huge amount of distrust out there. a huge market for people who have anti authoritarian leanings. and really bristle at two years of being told to trust authority and circumscribed their lives in really painful ways. >> i get that to. it's not like it's some ethically compromised disposition for peopl

. >> spotify shares are in the red. disappointing the street amiss the controversy amid joe rogan daniel ek will join us >>> call come the latest to post better than expected quarterly results. that's not helping the semiconductor stocks this morning. it has competitive pressures like tiktok. here is zuckerberg on the call. >> as a result of the competition and the shift, just short term short form video as well as our focus on serving young adults we're going to continue to see some pressure on impression growth in the near term i'm confident that leaning harder into the trends is the right short term trade-off to make. >> expenses up 38. >> yeah. we've been there 2018 in july and. that was clakt i think people felt down not out. i think a lot of people feelit today this is man who says he has to beat someone, he'll do anything he's a competitive man with unlimited fire power when they buy back any amount of stock they want to, it shows you they have the unlimited fire power to win the win play not be until q3. >> they

it's like, spotify just producing his show. they pay him 100 million dollars, that is a spotify show. if i see things on this network that are wrong or that are legally problematic, slander, yet they come after my network and my bosses like that's how it goes dude. i don't want to tell you, people think they're in a world that they are not in. >> it's the same with that you would go after fox, right now it's not youtube that has on the continent in facebook. we can talk about the content moderation, but you are right, spotify is the publisher. it's a spotify show and i understand people feeling uncomfortable. in some ways, there's no good way to deal with this. once people see and it's that big media wants silence. so, people are out there saying that this is dangerous and to shut it down. obviously, that just proves his point. mrs. cervantes able things. at the same time, this is a massive audience. i don't know if all of them are sort of realizing as he said in that instagram -- you know, he sort of said that he is going to s

i don't think spotify yet has sort of one their case, at least not in the court of public a bit. and what about new young and joni mitchell? i mean, do you think these artists do they have the leverage to force companies like spotify to change? i don't know, to sort of 60 spoke rockers will have enough leverage to move one of the most powerful media companies in the world. but what they could do is, is set a precedent and if they, if other artists follow them, if you see like more up to date artists not to offend mr. young a taylor, taylor swift or the weekend say very powerful, ours with huge followings. if they fall and pull their music on spotify, maybe we'll see the company start to move, especially because it could influence the image, the brand image of spot on. i think that's more what they're worried about. more that then subscribers a leaving the service so far. we haven't seen a, an ex, great exodus of subscribers from the service because of this protest. and i'm not sure if we will. we definitely haven't seen that from other services. like say netflix, when they've had

. >> for the prime minister, is the end near >>> damage control spotify and joe rogan respond to backlash over his podcast. >> i'm not trying to promote misinformation i'm not trying to be controversial. >> the changes announced as we look at the big money at stake. >> man, i don't know, mad as hell. >> the family of ahmaud arbery outraged two of their son's killers offered a plea deal they opposed. now a big change in the judge's ruling >>> north korea one of its most provocative missile launches. >>> two black women found dead why cops involved in the cases have been suspended. >>> and the metaverse comes to instagram. >> announcer: live from cnbc, the facts, the truth, "the news with shepard smith." >>> the united states and russia are facing off at the united now. accused of stoking a war with ukraine. it is only russia who has mobilized troops on the border ambassadors to the u.n. made that clear today >> russia threatens not only ukraine but europe, the international order this body is charged of upholding this is the largest, hear me clearly, mobilization of troops in europe in dec

investors not believing this growth story, spotify slumps as more artists pull their music, down more than 14% and interesting report just got a lot more interesting amazon is coming up after the bell, will it pull up paypal, metaand netflix or are investors missing a giant q4 under the surface, like microsoft, and alphabet that plays out today carl >> john, we'll start squarely with meta, as you said a rerating of the company, the company posts rare earnings miss only the third time ever, market cap now below $700 billion disappointing guidance, stalling user metrics weighing on the stock. also taking a hit from macro challenges, too, inflation, supply chain affecting advertisers. apple's privacy changes, the other big hurdle interestingly alphabet didn't feel the pain there. that divide becomes a big area of focus for investors facebook had the lowest forward pe ratio going into earnings, now sitting at 18, 18 times forward earnings compared to 27 over at alphabet john, that's not even talking about the level of investment they are making on metaverse in the coming years >> this is

however, neither he nor spotify responded to our interview requests. social media platforms like facebook and twitter have been under this kind of scrutiny for years for spotify and podcast in general. it's something that the part of that is just logistical. it's very easy to crawl through the content of twitter or facebook, instagram, even youtube, because it has captioning and to flag various has a content where there be misinformation are seen as offensive when it comes to podcasts. there are so many of them, and you basically have to go through audio bit by bit to really catch and flag content is great how we look at it. we welcome joe rogan acknowledged in this video . apology. pod cast is started as a way for him to kind of have these free, willing conversations with people who like people he found interesting. and he himself acknowledge that it's basically gotten completely out of control if he is going to start venting his guests or starts during the conversations in a less controversial direction. that may satisfy some critics. but i think it

what do you make spotify? as response here? look, i think that this part of our response has been very measured and reasonable. i think that they are aware that this is a challenge for all media companies, but you also have to recognize that joe is, is essentially a glorified journalist. he's just there, he's asking questions. he doesn't always get it right. and i think he's also been very full laney in terms of saying i will have a great a variety of guests on my podcast that present both sides of the argument. so i think the response from both spotify and job have been thoughtful and mission. well, it's interesting that you call non glorified journalists because we do live in a time where so many people don't trust the traditional media. and so as notable how they're going to other sources looking for that information. now, lionel, what's your take on the situation? i mean, it's not like rogan is claiming to be a journalist himself here. so what should be expected of him? first, are you telling me that anybody is actually wor

actually spotify was down as well. but we know spotify the story is a different story, right. and so not all of these things are related. amazon was down also. what is it? because investors are looking at facebook and say no, no, a facebook fall in everyone's falling. not necessarily, but what i think is we're seeing it right now. a is a, as a level of concern among investors who are essentially looking at anything that happens in this space. and they're, they're jumpy right now, and nobody wants to be left holding the bag. and so in facebook's case, not only did a it also spur some fear for other companies, but investors i think are basically saying let's shoot 1st ask questions later. meaning, so 1st ask questions later, will sell, will get out and then we'll find out what was the cause. and unfortunately the answer for facebook as to what was the cause is in very good. and definitely, and i know it's interesting because when we talk about facebook, we talk about how it's almost obsolete in the minds of a number of people in the public. but at the same time, we know that all

i would most certainly be open to doing that. >> reporter: and while spotify is expected to rollout this new content advisory guideline in the coming days how advertisers respond could be a game changer. >> there's no question it could have a significant impact on the bottom line. until the smoke clears spotify has just posted their new platform rules which a good first step for them. but if i'm a brand or advertiser the question i'm asking is what does this mean other than a list of rules i want to be sure if i'm putting hundreds of thousands or tens of thousands or even more dollars in media behind advertising on this podcast that joe rogan or anyone who is a voice on spotify will be taken to task for pushing misinformation otherwise i could be seen as supporting it. >> our thanks to jake ward for that report. >>> the party-gate scandal growing bigger for boris johnson. in the u.k. there are growing calls for the british prime minister to resign our report at the parties held at 10 downing street during covid restrictions called it a serious failure to uphold the standards expected of

twitter banned him from its platform, but you can still listen to rogan's interview on spotify. spotify just announced it will soon add warnings on podcasting that include discussions about covid. in that role, it is important to me that we don't take on the position of being content censor the statement came after neil young and joni mitchell reviewed their music from spotify the music icons protesting the support for joe rogan. prince heartie and meghan have also said they raised concerns to spotify. >> ashley carmen now, senior reporter for "the verge. ashley, spotify reportedly paid $100 million for the rights to rogan's podcast, so maybe that's part of the reason he's so important to their business. >> pretty critical spotify makes its money through subscriptions, the ad business, and if you don't pay for spotify, you hear ads, even if you pay for music, you still hear ads, so they're making money every single time. >> he's promised to try harder and be more balanced, but the problem is misinformation. so much of what happens there is occasionally demonstrably, completely f

spotify as well. twitter and snap also down big >>> from wall street to d.c., investor attention on three key federal reserve nominations from president biden with one former fed insider is expecting >>> and detroit's all electric ambitions. why tesla has more and more to worry about from the motor city. >>> it is thursday, february 3rd. this is "worldwide exchange. good morning, good afternoon, good evening as always, welcome from wherever in the world you are watching. good thursday. i'm brian sullivan let's get to it. this is how the global markets are setting up your day. dow and s&p are down just a bit. once again, nasdaq is getting all the attention this morning and not in the good attention kind of way. nasdaq futures right now down 2% it is a big move down. now the biggest concern for the nasdaq and tech in general today is facebook. parent company meta. it is set to lose $175 billion in market value after a dismal fourth quarter report. that stock is down 20% right now. we'll get more on face