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Viewsroom

Viewsroom: Spotify, Peloton and failed chip deals

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 10 February 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

Neil Young’s podcast protests have shone a light on a potential flaw in Spotify’s business model, says Liam Proud. Peloton highlights the danger of giving company founders too much voting power, Rob Cyran argues. And semiconductor M&A gives global antitrust regulators agita. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hear that? It's your big McDonald's hunger calling, because the Big Arch is back, and this time it's here to stay with juicy beef, cheddar cheese and that Big Arch sauce.

0:09.9

Hungry, you are now.

0:11.7

Order delivery on the McDonald's app.

0:15.0

Serve from 11am, upcharges and fees apply to delivery orders.

0:17.9

Subjects availability, price and participation may vary.

0:19.9

The views expressed on this podcast are those of the participants, not of Rogers News.

0:26.7

Neil Young is an old hand at protesting as Spotify has found to its chagrin, and Palaton, well, it's a hot mess.

0:33.3

Tune in for more.

0:34.9

This Breaking Views podcast is sponsored by Refnative, a London Stock Exchange group business.

0:40.8

Welcome to the viewers room. I'm Rob Cox, the editor of Breaking Views, the financial

0:43.9

commentary arm of Reuters News, coming to you from Zurich, Switzerland. This week, we delve

0:48.0

into three stories. First, we look at Spotify's Joe Rogan problem. Canadian troubadour and

0:53.3

Crazy Horse frontman Neil Young took his

0:55.4

tunes off the streaming group's platform over the talk show host spreading of misinformation

0:59.3

related to COVID-19 vaccines. Later it emerged that Rogan, whom Spotify signed for like $100 million,

1:05.5

used racial slurs in past episodes. Spotify CEO Daniel Eck condemned Rogan for that but refused to ax him.

1:12.8

That may be because Rogan represents a podcast pivot that's key to boosting earnings, says Liam

1:18.0

while I had Liam and Emia editor Peter Thal Larson on the line. We also talked about how a few

1:23.5

failed deals illuminate the red lines for semiconductor mergers.

1:32.9

The regulatory foiling of UK-based arm and Germany's siltronic, deals worth some $45 billion altogether, says more about scarce technology than the prospects of industry consolidation,

1:38.2

they say. Finally, John Foley, our U.S. editor, talks about John Foley, the Peloton CEO,

1:43.5

that is, no relation to our John Foley.

...

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