It’s possible that Spotify’s financial apology for Joe Rogan’s remarks hasn’t done anything so far. Bloomberg sources allege that in its first year of existence, the streaming service spent less than 10% of its $100 million Creator Equity Fund, a fund created to promote diversity in podcasts and music. According to reports, the corporation intended to use the entire cash over a three-year period, but it hasn’t had a reliable system in place for approving spending and has been reluctant to hire personnel. According to the sources, shifting objectives have also harmed the initiative.
Image Source - Twitter
