Spotify Shares Surge After Signing Kim Kardashian For Criminal Justice Podcast
Kim Kardashian West recently scored a Spotify deal to produce and host a new exclusive podcast that focuses on Criminal Justice reform. According to The Wall Street Journal, the podcast will be co-produced and co-hosted by Kardashian West and television producer Lori Rothschild Ansaldi, who will investigate the case of Kevin Keith, who was convicted of three murders in 1994 but maintains his innocence.
RELATED: Kim Kardashian Brand SKIMS Donating $1M To Families Battling COVID-19
Per Business Insider, Spotify just got some Kardashian magic blessed upon it because shares of the company surged to 15% which adds up to an all-time intraday high of $229 since signing the deal.
The dollar amount of the deal has not been made clear but insiders believe it could be around $100 million. In recent years, Spotify has spent over $600 million purchasing companies and content for its podcast network.
As for Kim, she has been advocating for prison reform for some time now. The reality star is currently studying to become a lawyer and has spent the last two years seeking clemency for inmates who are innocent or have been given harsh prison sentences for minor crimes.
RELATED: Kim Kardashian Believed She Miscarried While Pregnant With North