Spotify buys podcasting firms Gimlet Media and Anchor

Rumours that Spotify was about to shell out $200m-plus on podcast production company Gimlet Media were correct: the acquisition was announced today. But Spotify is also buying a second company, Anchor, which makes an app that people can use to create their own podcasts. The value of the acquisitions has not yet been announced (Spotify […]

PledgeMusic asks for patience amid acquisition talks

After a troubling start to 2019 (and to be honest, a pretty worrying 2018 for artists whose payments were delayed) PledgeMusic is asking for patience as it sorts out its financial issues. “The situation that PledgeMusic has found itself in is unacceptable and to all of the artists, managers, labels and fans who have put […]

SiriusXM reveals more on its plans for Pandora

As it prepares to close its acquisition of Pandora, satellite-radio service SiriusXM has published its latest quarterly financials. We already new from the company’s trading update earlier this month that it ended 2018 with 34 million subscribers in the US. Now we also know that SiriusXM’s revenues grew by 6% to $5.8bn last year – […]

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