British Summer Time 2014 – July 12th Neil Young removed his music catalog from Spotify in a public protest against Joe Rogan’s podcast last week, which resulted in both support and criticism from the public. Plenty of fans vowed to cancel their Spotify accounts in solidarity and no doubt some followed through with that threat. But now some Twitter users are crying foul over how mainstream media is reporting on the financial implications of the event.
“Spotify Lost More Than $2 Billion in Market Value After Neil Young Pulled His Music Over Joe Rogan’s Podcast,” a Variety headline announced Saturday. Many other publications had similar declarations, which appeared to link the two events. But the text of the article, commenters pointed out, led to different conclusions.
“This is cherry-picked bullsh**,” Mediaite journalist John Ziegler shared alongside a chart of the overall stock situation for the company.
“The market in general was way […]
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