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Spotify acquires Gimlet podcast network

Date(s)
2019

After only five years of independent programming, the Gimlet podcast network was bought by Spotify for $230 million. This acquisition represents a growing movement of podcast networks and collectives ranging from corporate institutions to non-profit grassroots organizations. Some traditional radio stations have adapted to this model (WNYC) while others have struggled to remain competitive.

Sources
"Full Q&A: Alex Blumberg and Matt Lieber explain why they sold Gimlet to Spotify", Vox Media, accessed December 21st 2019, https://www.vox.com/2019/2/7/18214941/alex-blumberg-matt-lieber-gimlet-spotify-deal-acquisition-peter-kafka-media-podcast-audio-interview

Image Sources:
(1) "Home | Gimlet", Gimlet Media, accessed December 7th, 2019, https://gimletmedia.com/

(2) "Spotify - Logo and Brand Assets", Spotify, accessed December 7th, 2019, https://newsroom.spotify.com/media-kit/logo-and-brand-assets/
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