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Neil Young Song Streams Jump 38% After His Spotify Boycott

Hipgnosis CEO and founder Merck Mercuriadis discusses the economics of music streaming, Neil Young’s position against Spotify Technology SA, and the company’s joint-venture with Blackstone Group Inc. to make additional purchases of music catalog. He speaks with Francine Lacqua on “Bloomberg Surveillance Early Edition.”Source: Bloomberg
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More people are listening to Neil Young’s music even after he left Spotify Technology SA, with streams up 38%, according to his music publisher.

Merck Mercuriadis, whose fund owns 50% rights to Young’s catalog, said interest in the artist’s music has surged since he requested the streaming service remove his songs after accusing Spotify’s most-popular podcaster, Joe Rogan, of spreading vaccine misinformation on his show.