Spotify Paid Nearly $340 Million to Buy Podcast Startups Gimlet and Anchor

Variety

Streaming-audio giant Spotify shelled out around €300 million, or about $337 million, to buy podcasting companies — producer Gimlet Media and services provider Anchor FM Inc., the company said. The deals for Gimlet and Anchor, announced last week, were primarily in cash, with the total purchase prices subject to closing adjustments, Spotify disclosed the figure in […]

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https://variety.com/2019/digital/news/spotify-acquire-paid-gimlet-anchor-340-million-1203140881/

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Author: Todd Spangler

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