Joe Budden Posts Photo Of Spotify Stock Dropping After Announcing Split

BYAron A.34.8K Views
Link Copied to Clipboard!
Paras Griffin/Getty Images

Joe Budden drives his point home with a photo of Spotify's stock dropping.

Joe Budden once had beef with pretty much every rapper in the game but with age, he's redirected his energy towards the corporate machine. Budden's sudden departure from Complex's Everyday Struggle over contractual disputes left him to focus on The Joe Budden that, a year later, inked a deal with Spotify.

Phillip Faraone/Getty Images

This week, Joe Budden announced that he wouldn't be renewing his contract with Spotify as their two-year deal comes to an end later this month. Spotify made it clear they made a counteroffer that Joe refused, adding that it was their "desire to keep Joe Budden on Spotify." Joe, though, made it clear he wasn't interested and said they "undermined and undervalued" his podcast.

While he has received criticism, including from Charlamagne Tha God, Joe took to Instagram today to drive his point home. He is, after all, one of the bigger podcasters on Spotify. Sharing a screenshot of the current Spotify stock dropping, the post included a headline from Fortune, reading, "Spotify loses Joe Budden, its first big podcasting star." 

Just before that, Joe shared a screenshot of a Verge article revealing a third Spotify-owned podcast, Parcast, is unionizing. The union is asking for Spotify to commit to diversity, equity, inclusion, overtime compensation, and transparency, among other requests. Joe Budden shared this screenshot with the caption, "You're crazy until you aren't."

About The Author
Aron A. is a features editor for HotNewHipHop. Beginning his tenure at HotNewHipHop in July 2017, he has comprehensively documented the biggest stories in the culture over the past few years. Throughout his time, Aron’s helped introduce a number of buzzing up-and-coming artists to our audience, identifying regional trends and highlighting hip-hop from across the globe. As a Canadian-based music journalist, he has also made a concerted effort to put spotlights on artists hailing from North of the border as part of Rise & Grind, the weekly interview series that he created and launched in 2021. Aron also broke a number of stories through his extensive interviews with beloved figures in the culture. These include industry vets (Quality Control co-founder Kevin "Coach K" Lee, Wayno Clark), definitive producers (DJ Paul, Hit-Boy, Zaytoven), cultural disruptors (Soulja Boy), lyrical heavyweights (Pusha T, Styles P, Danny Brown), cultural pioneers (Dapper Dan, Big Daddy Kane), and the next generation of stars (Lil Durk, Latto, Fivio Foreign, Denzel Curry). Aron also penned cover stories with the likes of Rick Ross, Central Cee, Moneybagg Yo, Vince Staples, and Bobby Shmurda.