Spotify buys Gimlet and Anchor in podcast push, earmarks $500M for more deals

Spotify buys Gimlet and Anchor in podcast push, earmarks $500M for more deals

5 years ago
Anonymous $Dftgs0JzgE

https://techcrunch.com/2019/02/06/spotify-doubles-down-on-podcasts/

Spotify is going after podcasts in a major way in 2019.

The music streaming service today confirmed that it has snapped up two podcast networks — Gimlet and Anchor — in undisclosed deals. But that’s not all, the firm said it has plans to spend a further $400-$500 million “on multiple acquisitions in 2019” to get even deeper into the space.