Joe Budden Laughs At Spotify's Stock Drop

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Joe Budden is laughing at Spotify as their stock declined after he announced that his podcast would be going elsewhere.

"September 23rd, I cannot tell you where this podcast will be," Budden said on a recent podcast. "But as it stands, I can tell you where it will not be, and that is Spotify."

Take a look at the post below.

Budden accused the platform of undermining and undervaluing the podcast, which is credited with boosting its platform.

Spotify denies his claims.

"It was our desire to keep Joe Budden on Spotify. As Joe referenced on his show, we made him a considerable offer -- one that was significantly larger and many times the value of the existing agreement and reflective of the current market and size of his audience. Unfortunately, we could not come to terms and we respect his wishes to find a new home for his show," the streaming platform told Variety,