Guggenheim Partners Is Extremely Bullish on Spotify’s Podcast Expansion, Citing App Install Increases

While Spotify struggles to become a profitable company, a number of Wall Street analysts see podcasts as a safe bet. Spotify’s most recent financial results emphasized just how much of a focus podcasts will have in the company’s future. Spotify plans to spend $400-$500M on multiple podcast acquisitions in 2019 alone.  In the company’s quarterly […]

The post Guggenheim Partners Is Extremely Bullish on Spotify’s Podcast Expansion, Citing App Install Increases appeared first on Digital Music News.

Leave a comment

Your email address will not be published. Required fields are marked *