Spotify issues an official statement on Joe Budden’s departure from the streaming service.
Two years ago, Joe Budden became the host of one of the most successful music podcasts on Spotify.
Unfortunately, their partnership didn’t end up working out in the end. Because, after Joe asked for a pay increase, the streaming service did not end up offering enough to get him to stick around.
The most recent episode of the podcast explored Joe’s frustrations with Spotify over his contract negotiations. Claiming that he has been “undermined and undervalued.” He added in a statement to Variety that, after September 23, he does not where his podcast will be hosted.
“Spotify never cared about this podcast individually,” Budden claimed in his episode on The Joe Budden Podcast With Rory & Mal.
As the working relationship between Joe Budden and Spotify is coming to an end. The streaming service has issued a statement on Joe’s departure.
“It was our desire to keep Joe Budden on Spotify. As Joe referenced on his show, we made him a considerable offer. One that was significantly larger and many times the value of the existing agreement and reflective of the current market and size of his audience. Unfortunately, we could not come to terms and we respect his wishes to find a new home for his show,” communicated a Spotify spokesperson.
Even as it loses Budden. Spotify continues to build its podcast network. Acquiring Joe Rogan’s The Joe Rogan Experience earlier this year (set to hit the platform in September). And debuting a podcast by Michelle Obama earlier in August.