HomeDigitalSpotify takes over podcast firms Gimlet and Anchor
Spotify takes over podcast firms Gimlet and Anchor
April 5, 2019
Spotify has bought two podcast firms and plans to spend up to £385m on further acquisitions in an attempt to move beyond its music streaming roots for new growth.
The Swedish company has taken over Gimlet, the firm behind a string of popular podcasts including Homecoming, which was adapted into an Amazon TV series starring Julia Roberts.
It has also acquired Anchor, a platform that allows individuals and companies to create, publish and monetise podcasts. No price was disclosed for either deal, but Gimlet reportedly cost Spotify £177m.
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