Spotify filing reveals it paid €49m for podcasting firm Parcast
Posted on: 6 août 2019, by : Stuart Dredge

Music Ally reported on Spotify’s latest financial results last week, but the official filing has revealed a bit more information on the company’s recent acquisition of podcasts producer Parcast. Spotify paid €36m in cash and €13m ‘related to the estimated fair value of contingent consideration’ – €49m (around $55m) in total. However, Spotify also said that “the […]
The post Spotify filing reveals it paid €49m for podcasting firm Parcast appeared first on Music Ally.
Source: Music ally

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