Spotify, Huawei, Diageo: Everything that matters this morning
Spotify ramps up podcast ambitions
Spotify has acquired two podcast companies this week and has set aside a further $400-$500m (£308m) to spend on podcast-related acquisitions this year.
The takeover of Gimlet Media – which Spotify is thought to have paid around $230m for – and podcast publishing platform Anchor reinforces Spotify’s ambitions to diversify beyond music and “engage users in entirely new ways,” as Spotify founder and CEO Daniel Ek said in a stat
Read more »