Spotify in talks to buy Gimlet Media
February 4, 2019 · 3.1 minutes to read
Welcome to our new readers who’ve joined in the past week, including people from the BBC, the Sunday Times, KUOW, NPR, Turner, Himalaya, Entercom, the Washington Post, and from our new beneficent overlords, Spotify.
Spotify is in talks to buy Gimlet Media, it’s been reported. Recode quote the price as being $200m; Nick Quah adds that “a source … tells me that the specific price is $230 million”. The WSJ’s Ben Mullin underlines that “talks are ongoing and it is still possible that a deal won’t happen”. There’s a Spotify investor’s Q4 earnings call on Wednesday, so we should know more this week.
- Our take: We’ve checked the data, and in an opinion piece today, we try to understand the purchase, because it’s not that straightforward.
- Elsewhere, Pete Davies argues that this might change everything… or might change nothing; Cohan Robinson suspects it’s a case of embrace, extend and extinguish. There’s coverage also from FastCompany,
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Stats and data
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