Spotify Drops $235 Million to Acquire Podcast Platform Megaphone

Spotify has made yet another multimillion-dollar podcasting investment, this time by acquiring podcast advertising and publishing platform Megaphone in a $235 million deal. Spotify unveiled the nearly quarter-billion-dollar acquisition this morning, via a general release. Characterizing the buyout as the “next step” in its comprehensive plan to capitalize upon (and monetize) the “intimate and screenless […]
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