YesSo they turned down more money for a contract renewal with the same terms as the original?
Joe Budden Network joins Patreon, becomes Head of Creator Equity(WTF does that even mean)
- Thread starter JodyHiighroller
- Start date
even if 1% for the listenership take the low tier that's still a pretty penny
His end goal is to own stock with the partners...
So with Patreon he aim is to own shares in patreon, pre-ipo and for creators to own part of the platform, not just make revenue off it...
so if Patreon IPOs Joe will have stock, if patreon gets acquired or goes to the moon, he has money in the success of the business... thats the aim. His aim is for creators to not just be freelance or partners but to own equity of part of that plaform. He could have got 10 mill from Spotify and get 10 million when Patreon IPOs but he wants to create a flow for Patreon high value creators to get equity in the company, so a new model for creators... This is how I look at it.
gldnone913
Integrity and Consistency
Depends on the piece! You give up 25% of lifetime earnings for $15 million? 50%? And it's not about who owns these entities.... it's about YOUR piece. I get a piece of all that..... even if it's not directly associated with the podcast.
To me - that's a terrible deal for a content creator who may spin something up on another medium. If that works for you? Go for it
gldnone913
Integrity and Consistency
It wasn't the same deal. Spotify wanted exclusivity of both the audio and video (which was only available on YouTube) portion of the podcast along with advertisement deals.So they turned down more money for a contract renewal with the same terms as the original?
Joe wanted 100 million, no ads, and non exclusivity to Spotify. He said ads ruin the flow of the show and being exclusive to Spotify limits the audience.
I also don't believe Spotify wanted complete ownership of all his platforms permanently, it was a contract that could have been extended if joe wanted, or he could have left with control of his platform after the contract expired just like he did last year. They wanted exclusive rights, not complete ownership.
Agreed...just seems like Joe's team chose not to negotiate with Spotify because they didn't like where it started.
But regarding the other content, where is Pull Up nowadays? Is this "Journey" series going to be its replacement? When will it begin? Do people just pay $25 a month while they wait for this TBD series to debut?
If you're a hardcore fan and are willing to pay $5 or $10 a month for 1-2 extra episodes per month and message board access, that's fine. But you're fleecing fans at that rate honestly, and it's essentially a monthly donation more than a subscription.
gldnone913
Integrity and Consistency
Yes, and they wanted a piece, not total ownership. I can only assume they wanted a piece forever lol. But we agree....it definitely was not the same terms in the latest negotiations
How much do u think revolt was paying Joe?Ok, breh
Rory don’t own Dussepolaza
So Spotify was gonna go after Joe 80-100k salary and Rory 3rd of his share of Dusse?
Like serious. If Spotify did offer that it was just a F u. I don’t want y’all no more imo
gldnone913
Integrity and Consistency
Joe said he got a mill from Revolt...no way he was making 80k. Rory owns part of Dussepalooza. Yes, Spotify would take a piece of their earnings. Why do you believe they wouldn't?
Marlo Barksdale
Really out chea
The main problem with Joe has never been his intentions. He seems to be for creatives.
The problem is that he publicly disses everybody that he is in business with when it's negotation time. He burns bridges that don't need to be burned and it cuts off possible partners.
You don't think Apple, Tidal & YouTube were looking at him funny when he was dissing Spotify every week during negotiations?
In business negotiations, you let your agent be the Dame Dash "bad guy" (for lack of a better example). If Jay publicly dissed execs too, no way he becomes who he is.
The problem is that he publicly disses everybody that he is in business with when it's negotation time. He burns bridges that don't need to be burned and it cuts off possible partners.
You don't think Apple, Tidal & YouTube were looking at him funny when he was dissing Spotify every week during negotiations?
In business negotiations, you let your agent be the Dame Dash "bad guy" (for lack of a better example). If Jay publicly dissed execs too, no way he becomes who he is.
Take into consideration that no other podcast deal on Spotify has a permanent ownership clause so I don't know why it would be different for joe. Of course they wanted a piece of the ad revenue, but complete ownership? Nah.
Joe Budden is waving the flag for ownership and equity for black creators and creators and I see people talking against him smh
If yall read the article in the verge. The Read Podcast was just complaining of having zero ownership with Spotify even though they have been one of the highest rated ranked podcast for since they started over 5 years ago.
If yall read the article in the verge. The Read Podcast was just complaining of having zero ownership with Spotify even though they have been one of the highest rated ranked podcast for since they started over 5 years ago.
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Joe Rogan did not give up ownership
Rogan -- podcaster, comedian and commentator on UFC's mixed martial artist telecasts -- debuted on Spotify on Tuesday, nearly five months after signing a $100 million deal in May that gives Spotify a worldwide exclusive -- but not ownership -- of his popular podcast, The Joe Rogan Experience.Sep 3, 2020
How Spotify's Rollout of Joe Rogan's Podcast Helped Create a $4.8B Headache
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this title is more pointless than Charlamagne's title they clowned.
Re-signed to his boss is misleading.
no it was 15 million after 1st year. Then 21 million for a piece of everything
