Spotify Paid Nearly $340 Million to Buy Podcast Startups Gimlet and Anchor
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Spotify has acquired podcast startups Gimlet and Anchor for nearly $340 million. The move is part of a larger trend of major companies investing in podcasting, with amazon also announcing plans to acquire a podcast startup. Spotify's podcast expansion may lead to new features, such as the option to pay for exclusive podcast content.
Full coverage
12345678