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CF Acquisitions Corp Spikes On Rumble's Joe Rogan Proposal

Published 07/02/2022, 19:52
© Reuters
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By Sam Boughedda

Investing.com — Shares of CF Acquisition Corp VI (NASDAQ:CFVI), a blank check company, have rallied 33% to all-time highs Monday after Rumble, a “neutral video” platform, publicly offered Joe Rogan a deal to bring his podcast shows to their platform.

Rumble is set to go public via a SPAC merger with CF Acquisition in the second quarter.

Recently, various complaints have been made regarding episodes of Rogan's podcast "The Joe Rogan Experience," including alleged misinformation about Covid-19 vaccines and use of racial slurs. The criticisms have also been directed at Spotify (NYSE:SPOT), and over the weekend, several episodes were removed from the platform after a discussion between Rogan, his team and the music streaming giant.

Comedian, UFC commentator and podcast host Rogan, signed an exclusive deal to move "The Joe Rogan Experience" to Spotify in 2020. It currently has millions of loyal listeners, including Rumble CEO Chris Pavlovski who wants to take Rogan's podcast to the Rumble platform.

In a letter posted on Rumble's Twitter (NYSE:TWTR) page, Pavlovski says they stand with Rogan and his fan's "desire for real conversation."

"How about you bring all your shows to Rumble, both old and new, with no censorship, for 100 million bucks over four years?" read the letter.

"This is our chance to save the world. And yes, this is totally legit," concluded Pavlovski.

Rumble recently announced a record-breaking January for user engagement and posts, and getting Rogan onto the platform would be a big move.Spotify is down 1.6%.

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