- Spotify renewed its multiyear agreement with Joe Rogan, securing licensing rights and ad sales for 'The Joe Rogan Experience.'
- The renewal is on similar terms to Rogan's previous deal, with an estimated earnout of $250 million, according to people familiar with the matter.
- The Joe Rogan Experience remains No. 1 in U.S. listenership.
- Spotify shares rose 5.08% following the deal announcement.
Quotes
“has been an amazing fit”
“an estimated earnout of $250 million”