Deal Snapshot
SPOTIFY TO ACQUIRE GIMLET MEDIA, ANCHOR TO ACCELERATE GROWTH IN PODCASTING
Friday 08 February 2019

Swedish music streaming service Spotify Technology S.A. (NYSE: SPOT) has entered into definitive agreements to acquire podcast content producer Gimlet Media Inc and podcast creation, publishing, and monetisation services specialist Anchor, the company said.
With these acquisitions, Spotify is positioned to become both a premier producer of podcasts and the leading platform for podcast creators. Gimlet will bring to Spotify its best-in-class podcast studio with dedicated IP development, production and advertising capabilities.


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Details
Date Published: 08/02/2019
Target: Gimlet Media Inc, Anchor
Country: USA
Sector: Media
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: Spotify Technology
Comment:
Terms of the deal were not disclosed

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