Spotify boss defends Joe Rogan deal as stock plunges

Spotify CEO Daniel Ek told employees the company 'wouldn't be where it is today' if it hadn't moved into podcasts like the one hosted by Joe Rogan

The head of embattled streaming service Spotify has told staff that Joe Rogan is vital to the company, but that he doesn't agree with the controversial podcaster.

Ek told employees that podcasts such as Rogan's were vital if Spotify were to get its head above the competition in a crowded streaming field.