After being acquired by Spotify, Gimlet’s staff looks to unionize

Last month’s Gimlet was a watershed moment for podcasting. Spotify acquired the network for a reported $230 million, in a pricey bid to get serious about the format. But what of all the folks employed by Gimlet? It’s tough to know how these deals will shake out for those not involved in the closed door […]

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Startups Weekly: Spotify gets acquisitive and Instacart screws up

This week in startups: Turvo takes center stage, a mental health unicorn emerges and Reddit rakes in cash.

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Why Spotify is betting big on podcasting

Podcasting revenues hit $314 million in 2017, according to a third-party survey released last summer. It’s a large number for what’s been historically regarded as a niche and difficult to monetize medium, but still pales in comparison to the additional $400-$500 million Spotify says it’s willing to spend on the space this year alone. Two […]

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

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 […]

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What’s next for podcasting?

The podcast market will discover the answer to a foundational question about its future in the next few years. Will it continue along the path of music streaming, where all podcasts are available everywhere on free, ad-supported tiers? Or, will it follow the path of streaming TV into paid subscription services with exclusive content? Today, effectively […]

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