• Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
  • Contact
  • About
Monday, June 27, 2022
Maryland Digital News
  • Home
  • US
  • Business
  • World
  • Baltimore
  • Columbia
  • Germantown
  • Waldorf
  • Silver Spring
  • Frederick
  • Press Releases
  • Videos
No Result
View All Result
  • Home
  • US
  • Business
  • World
  • Baltimore
  • Columbia
  • Germantown
  • Waldorf
  • Silver Spring
  • Frederick
  • Press Releases
  • Videos
No Result
View All Result
No Result
View All Result
Home Business

Spotify's Shares Dropped By 12% After Neil Young Demanded His Songs Be Removed From The Platform Over 'COVID-19 Misinformation'

by NewsReporter
January 30, 2022
in Business
Reading Time: 3 mins read
spotify's-shares-dropped-by-12%-after-neil-young-demanded-his-songs-be-removed-from-the-platform-over-'covid-19-misinformation'
Share on FacebookShare on Twitter
  • On Monday, Neil Young demanded Spotify pull his music over COVID-19 misinformation. 
  • Most of his music was pulled by Wednesday. 
  • By Friday, Spotify lost $4 billion in market value, The San Francisco Chronicle datebook reported. 

LoadingSomething is loading.

Spotify’s shares were down by 12% the week after Neil Young requested his music be removed from the platform over COVID-19 vaccine misinformation, according to data from Nasdaq.

The data showed a 12% drop on Friday, January 28 compared to the previous Friday. 

Young demanded his music be removed over misinformation promoted by Joe Rogan on his “The Joe Rogan Experience” podcast. 

“They can have [Joe] Rogan or Young. Not both,” Young wrote on Monday. The majority of his music had been removed by Wednesday. 

“Spotify has recently become a very damaging force via its public misinformation and lies about COVID,” Young wrote in a letter posted on his website on Wednesday. “Most of the listeners hearing the unfactual, misleading and false COVID information on Spotify are 24 years old, impressionable and easy to swing to the wrong side of the truth.”

On Friday, artist Joni Mitchell also said she planned to remove her music from Spotify in solidarity with Young.

In a post to his site on Friday, Young said he felt better when he left Spotify.

Young’s statement came after an episode where Rogan interviewed Robert Malone, a scientist who claimed Americans were being “hypnotized” into following COVID-19 measures because of “mass formation psychosis.” 

Psychology experts have said there is no evidence for Malone’s claims.

More than 200 doctors, nurses, scientists, and educators have also signed an open letter calling on Spotify to mitigate the spread of misinformation after an episode of Rogan’s podcast. 

On Friday, leaked internal messages showed Dustee Jenkins, Spotify’s head of global communications and public relations, telling concerned employees in an internal Slack channel that after reviewing several episodes of Rogan’s podcast, the company’s found they “didn’t meet the threshold for removal.” 

“We apply our policies consistently and objectively,” Jenkins wrote. “They are not influenced by the media cycle, calls from any one individual or from external partners. It doesn’t mean I personally agree with this content. But I trust our policies and the rationale behind them.”

Spotify did not respond to Insider’s request for comment at the time of publication. 

Read More Here

Related Posts

pfizer-and-biontech-to-ask-fda-to-authorize-covid-19-booster-for-kids-as-young-as-5

Pfizer And BioNTech To Ask FDA To Authorize COVID-19 Booster For Kids As Young As 5

by NewsReporter
April 14, 2022
0

Pfizer and BioNTech plan to ask the Food and Drug Administration to clear a third dose of their COVID-19 vaccine for children as young as 5, the companies announced Wednesday, citing trial results showing a "robust response" of antibodies in this age group after the booster shot.  In the trial,...

netflix-subscribers-in-russia-launch-class-action-for-loss-of-service

Netflix Subscribers In Russia Launch Class Action For Loss Of Service

by NewsReporter
April 13, 2022
0

Russian Netflix users are suing the streaming firm for suspending its service as a result of Vladimir Putin’s invasion of Ukraine.Netflix, which has only about 1 million subscribers in Russia, suspended its services in March and has halted the development and acquisition of all Russian-made or commissioned TV shows and...

did-us-inflation-peak-in-march?-americans-are-concerned

Did US Inflation Peak In March? Americans Are Concerned

by NewsReporter
April 12, 2022
0

A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.New York (CNN Business)Americans have been living with soaring prices for months. New inflation data set...

buffalo-officers-who-shoved-elderly-blm-protester-cleared-by-arbitrator

Buffalo Officers Who Shoved Elderly BLM Protester Cleared By Arbitrator

by NewsReporter
April 11, 2022
0

An arbitrator has ruled that two Buffalo police officers didn't violate the department's use-of-force guidelines when they pushed a 75-year-old protester to the ground in June 2020 during racial injustice protests following the murder of George Floyd in Minneapolis. The episode drew national attention when a news crew captured video ...

Maryland Digital News

© 2021 Maryland Digital News

Navigate Site

  • Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
  • Contact
  • About

Follow Us

No Result
View All Result
  • Home
  • About
  • DMCA Policy
  • Medical Disclaimer
  • Privacy Policy
  • Disclosure
  • CCPA
  • Terms of Use

© 2021 Maryland Digital News

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT