Spotify Reportedly in Talks to Purchase Gimlet Media, a Podcasting Company, for $200 Million

Spotify may have just pushed its attempt to capitalize on the booming podcast market into overdrive. Several weeks ago, in a note trimming Spotify’s price target to $170, Morgan Stanley maintained the company’s Overweight rating. Explaining how the streaming music giant can turn things around, the firm noticed several things. First, Spotify users have “great […]

The post Spotify Reportedly in Talks to Purchase Gimlet Media, a Podcasting Company, for $200 Million appeared first on Digital Music News.

Leave a comment

Your email address will not be published.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