Spotify doubled down on podcasts last week with a double deal to buy podcast networks Gimlet and Anchor. Those acquisitions were initially undisclosed, but Spotify has quietly confirmed that it spent €300 million, just shy of $340 million, to capture the companies. That’s according to an SEC filing — hat tip Recode’s Peter Kafka — which deals the […]
View More Spotify says it paid $340M to buy Gimlet and AnchorCategory: podcast networks
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 […]
View More Spotify buys Gimlet and Anchor in podcast push, earmarks $500M for more deals