[Shish2k]

Are “it was a stupid decision to buy him” and “I don't get why people listen to him” supposed to be related statements? The business decision isn’t about your personal feelings, it’s about his objectively measurably enormous audience

[anon23432343]

I want to see how they got the 200 million back and as they have to lay off 17% of there people it looks like a stupid decision in the end.

[rickdeckard]

It's a ridiculous amount of money for that content.

But looking back at those days where all platform embraced a strategy to "own ALL content", I doubt that the 2nd-best offer was significantly less.

After all, they also paid him to NOT make any further money with the podcast on YouTube or other platforms...

[lotsofpulp]

> But looking back at those days where all platform embraced a strategy to "own ALL content",

I don’t understand how that could have ever been a strategy without buying the businesses that own most of the popular music, such as Warner, Universal, and Sony.

[rickdeckard]

Spotify is largely owned by those businesses, that was part of the deal to get them to even open their catalog

[lotsofpulp]

That is not true.

https://finance.yahoo.com/quote/SPOT/holders/

Any ownership by the record labels must be less than 1%.