The Joe Rogan Experience or JRE premiered exclusively on Spotify Inc. (NYSE:SPOT) in Sept. 2020 as part of a multi-year deal reportedly valued at $200 million. This deal wasn't just big news for podcasting fans—it was a major moment for investors, too.
Rogan's Impact On Spotify's Growth
Spotify's exclusive deal with Rogan was a bet that paid off in multiple ways. Since the partnership, podcast consumption on the platform skyrocketed by 232%, according to the company.
Advertisers took notice, fueling a 2023 revenue increase of 80% since 2021. Rogan's show, consistently the world's most-streamed podcast, played a major role in turning Spotify into a podcasting giant.
Rogan's podcast also held the top spot on Spotify's podcast chart for the fourth year in a row in 2023.
How $1,000 Invested In Spotify Has Grown
If you had invested $1,000 in Spotify stock on Sept. 1, 2020 — the day Rogan's show debuted exclusively on the platform — that investment would now be worth approximately $1,696.
This represents a solid return of 69.7%, outpacing the broader market indexes. For context, the S&P 500 rose 68.7%, and the Nasdaq Composite gained 60% over the same period.
Value of a $1,000 investment in Spotify stock, versus the S&P 500 and Nasdaq, respectively, from Sept. 1, 2020, to Nov. 14, 2024.
SPOT's price trajectory since JRE debuted on the platformA New Chapter For JRE And Spotify
Earlier this year, Spotify renewed its partnership with Rogan, but the show will no longer be exclusive to the platform, expanding to Apple, Amazon, and Google's YouTube.
Earlier this month, Spotify released its third-quarter financial results reporting earnings of $1.46 per share, which fell short of the analyst consensus of $1.76.
Quarterly revenue came in at $3.99 billion, missing the expected $4.02 billion but reflecting an increase from $3.65 billion in the same quarter last year.
SPOT Price Action: Spotify shares ended Thursday's session up 2.17%, closing at $477.50. In after-hours trading, however, the stock dipped slightly, settling at $476 as of the latest update, according to Benzinga Pro.
- These Analysts Increase Their Forecasts On Spotify Following Q3 Earnings
Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
喬·羅根體驗（The Joe Rogan Experience，簡稱JRE）於2020年9月在Spotify Inc.（紐交所：SPOT）獨家首播，這是一個價值約20000萬美元的多年合作協議。這項交易不僅對播客愛好者來說是一個重大新聞，對投資者來說也是一個重要時刻。
羅根對Spotify增長的影響
Spotify與羅根的獨家協議是一項多方面獲利的賭注。自從合作以來，根據公司數據，平台上的播客消費激增了232%。
廣告商注意到了這一點，推動了自2021年以來2023年營業收入增長80%。羅根的節目始終是全球收聽量最高的播客，在將Spotify打造成播客巨頭的過程中發揮了重要作用。
羅根的播客在2023年連續第四年位居Spotify播客排行榜首位。
1000美元投資Spotify的增長
如果您在2020年9月1日——羅根的節目首次在平台獨家播出之日——投資了1000美元購買Spotify股票，那麼現在該投資的價值大約爲1696美元。
這代表着69.7%的穩定回報，超過了更廣泛的市場指數。作爲參考，標準普爾500指數上漲了68.7%，而納斯達克綜指在同一期間上漲了60%。
一項1,000美元投資於Spotify股票的價值，與標準普爾500指數和納斯達克的表現，分別從2020年9月1日到2024年11月14日。 自JRE在平台上亮相以來，SPOT的價格軌跡 JRE與Spotify的新篇章
今年早些時候，Spotify與羅根續簽了合作協議，但該節目將不再獨佔平台，將擴展到蘋果、亞馬遜和谷歌的YouTube。
本月早些時候，Spotify發佈了第三季度財務報告，顯示每股收益爲1.46美元，低於分析師一致預期的1.76美元。
季度營業收入爲39.9億，低於預期的40.2億，但較去年同期的36.5億有所增加。
現貨價格走勢：Spotify的股票在週四的交易中上漲了2.17%，收於477.50美元。根據Benzinga Pro的最新更新，盤後交易中，該股票略微下跌，最終定格在476美元。
- 這些分析師在Spotify發佈第三季度業績後提高了他們的預測。
免責聲明：本內容部分由Benzinga Neuro幫助製作，並經Benzinga編輯審查和發佈。
