Spotify acquires two major podcast companies in bid to become “world’s leading audio platform”

Listen up.

Spotify has made a bold move in the battle for streaming supremacy with the “strategic acquisitions” of two media companies that focus exclusively on podcasting.

Following a very public power play, the Swedish giant now has Gimlet Media Inc. and Anchor under its green-and-black umbrella.

The former is a podcast network and digital media company with shows like Reply All, Crimetown and StartUp on its roster, while Anchor is a podcast production app for users to produce and distribute their own shows.

Spotify CEO Daniel Ek announced the news via a blog post entitled ‘Audio First’ in which he noted the company’s expectation that a significant amount of people will be listening to non-music content on the platform in the near future.

“We believe it is a safe assumption that, over time, more than 20% of all Spotify listening will be non-music content,” said Ek, who expects the move to “meaningfully accelerate [Spotify’s] path to becoming the world’s leading audio…

Read More.


About the Author
Creative Director and Founder of Indie Creative Network. Tech guy... Podcast Guy... Dad.