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Spotify Loses Joe Budden, Company’s First Big Podcasting Star

Joe BuddenPhotographer: Brian Ach/Getty Images
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Spotify Technology SA is losing Joe Budden, one of its most popular podcast hosts, after failing to come to terms on a new deal.

Spotify said it offered Budden a significant raise that reflected his market value. “Unfortunately, we could not come to terms and we respect his wishes to find a new home for his show,” the company said Thursday.