Spotify Downgraded by Bernstein: ‘It’s Unlikely Spotify Will Generate Much Earnings From Podcasts’

Since unveiling a multiyear deal to become the exclusive home of The Joe Rogan Experience (JRE) in May, Spotify has experienced exponential stock-market growth, including several all-time-high prices and a valuation in excess of $50 billion. And while many investment firms have signaled confidence in the music streaming platform’s long-term prospects, Bernstein has downgraded its […]The post Spotify Downgraded by Bernstein: ‘It’s Unlikely Spotify Will Generate Much Earni