Spotify buys podcast firms Gimlet and Anchor

Spotify buys podcast firms Gimlet and Anchor

5 years ago
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https://www.theguardian.com/technology/2019/feb/06/spotify-buys-podcast-firms-gimlet-and-anchor-streaming-profits-music

Streaming service reports first quarterly profits as it reveals plans to broaden beyond music

Spotify has bought two podcast firms and plans to spend up to $500m (£385m) on further acquisitions in attempt to move beyond its music streaming roots for new growth.

Spotify buys podcast firms Gimlet and Anchor

Feb 6, 2019, 3:47pm UTC
https://www.theguardian.com/technology/2019/feb/06/spotify-buys-podcast-firms-gimlet-and-anchor-streaming-profits-music > Streaming service reports first quarterly profits as it reveals plans to broaden beyond music > Spotify has bought two podcast firms and plans to spend up to $500m (£385m) on further acquisitions in attempt to move beyond its music streaming roots for new growth.