Music-streaming king Spotify sees a future in podcasts.
The company on Wednesday that it has made two huge acquisitions that firmly plant Spotify in the podcasting business. The music-streaming giant has bought Gimlet Media Inc., a popular podcast producer, and Anchor, a platform that helps creators produce and publish their podcasts.
Recode points out that the acquisition puts Spotify in the content creation business for the first time — something the company hasn’t done in its almost 11 years in the music industry. Read more...More about Spotify, Acquisition, Podcast, Podcasting, and Tech