Spotify says it paid $340M to buy Gimlet and Anchor – TechCrunch

Spotify says it paid $340M to buy Gimlet and Anchor – TechCrunch

Spotify doubled down on podcasts last week with a double deal to buy podcast networks Gimlet and Anchor. Those acquisitions were initially undisclosed, but Spotify has quietly confirmed that it spent €300 million, just shy of $340 million, to capture the companies. That’s according to an SEC filing — hat tip Recode’s Peter Kafka — which deals the transactions which were “primarily in cash,” Spotify said. Kafka previously reported that Spotify paid around $200 million for Gimlet, which, if correct, would mean Anchor fetched

Continue Reading

Site Footer

www.000webhost.com