This comes on top of The New York Times’ reporting that Rogan is being paid $200 million at a minimum to make his show exclusively for the platform, twice what was previously believed. The story also says neither these celebrities nor many Spotify executives had created podcasts before, causing delays. One person describes the company as a “shit show,” and the reporters point to “evolving strategy, executive turnover, and a reluctance to pull the trigger on production” as primary reasons shows haven’t happened. Then, again on Friday, Insider published a story about all the podcast deals Spotify has made and the failure of many to launch. Now isn’t the time to have an app bug that takes down your star podcaster, who you defended to the world, as well as all the other exclusives. All of which is to say: Spotify needs to get it together.

This follows a previous drop after the company’s quarterly earnings report earlier this month. A spokesperson confirmed to me that, yes, it was a bug, but it didn’t stop many people from tweeting, driving the stock price down by 5 percent. On Friday, and then seemingly again over the weekend, multiple Spotify podcasts, including The Joe Rogan Experience, were unavailable for an extended period of time. Spotify keeps taking punches to the point that I’m wondering how much more they can withstand. We once again have a Spotify-centric issue - the company can’t stop generating headlines - as well as a couple other news bits. Hopefully, we can discuss some of what we heard on Thursday in Brooklyn, as well as some other news! On that note, I have a housekeeping thing to mention: we’ll skip Thursday’s Insider edition this week, and I’ll be with you all again on Friday. Today’s issue is going to be quick as I continue to prepare for the week ahead, most notably Hot Pod Summit and On Air Fest.

Spotify stock drops joe rogan