Digital media may have lost nearly 2,100 jobs over the last few weeks, according to one count by Business Insider, but there’s at least one corner of the market that’s still thriving: Radio. We’re living through a podcast golden age, folks, which continues to reach new heights.
Spotify announced on Wednesdsay that it has acquired podcast startup superstar, Gimlet Media, in a deal rumored to have cost roughly $230 million. Anchor, which provides tools for recording and publishing podcasts, was also snapped up by the music streaming giant, who has pledged to spend upwards of $500 million to establish a podcast empire. With Gimlet under their umbrella, a podcast network that boast listeners from more than 190 countries and more than seven million downloads a month, Spotify is instantly a digital audio powerhouse.
Founded in 2014 by Alex Blumberg, a This American Life producer and Planet Money co-founder, and Matthew Lieber, a WNYC producer, Gimlet Media launched with its first…
