According to reporting from Semafor, the relationship between Spotify and Trevor Noah might be having issues regarding Trevor’s podcast show.
Last year, Spotify announced that Trevor Noah would be hosting a weekly podcast show on its platform.
Digging Deeper
According to Semafor, Noah’s team has discussed re-negotiating or altering his contract with Spotify which could involve him opting out of his so-called “minimum guarantee,” the amount that he is paid to produce a certain number of podcasts.
Trevor Noah has wanted to bring on some newsy figures as guests while Spotify executives preferred Noah focus more on big celebrity interviews.
What They’re Saying
“We are happy with the show and we have no news on any changes to share,” a Spotify spokesperson said, but did not comment on creative differences, or whether contract changes are likely.
Zoom Out
Spotify’s podcast business has taken some “hits” lately. Spotify decided to part ways with Prince Harry and Megan Markle after their podcast’s lackluster performances.
But they resigned host Joe Rogan to a $250 million nonexclusive deal, keeping the biggest podcaster in the business in-house.
Spotify CEO Daniel Ek announced on a call with investors last week that the company was on track to meet its profitability target and break even in its podcast business after years of investment.
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