Spotify reportedly spends less than 10% of its Joe Rogan apology fund

Spotify’s financial apology for Joe Rogan may not amount to much so far.
Sources suggest that Spotify has spent less than 10% of its $100 million Creator Equity Fund, which was meant to foster diversity in podcasts and music, in its first year of operation.
The company reportedly planned to spend the whole fund over three years, but has not had a solid structure for approving spending and has been slow to hire staff.
Changing priorities have also hindered the project, according to insiders.