The Spotify logo hangs on the facade of the New York Stock Exchange as the company lists its stock with a direct listing in New York, U.S., April 3, 2018. REUTERS/Lucas Jackson
- Spotify Technology SA said on Tuesday it has agreed to buy Parcast, the third podcast company it is purchasing in two months, in an ongoing quest to transform itself into the Netflix of audio. Spotify did not disclose terms of the deal, but earlier said it had earmarked up to $500 million in 2019 for acquisitions.
Parcast, founded in 2016, specializes in crime and mystery-themed audio content. It has launched 18 premium podcast series, including “Serial Killers,” “Unsolved Murders,” “Cults” and “Conspiracy Theories.” In February, Spotify, the world’s most popular music streaming service, agreed to buy both Gimlet Media, a podcast producer, and Anchor, a podcast services company.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cramer: Buy Nike's pullback because the company will over deliverJim Cramer says don't sweat Nike's conservative guidance. bc Nike made in China, that's why 🤣🤣🤣
Source: CNBC - 🏆 12. / 72 Read more »
Uber is on the brink of buying rival ride-sharing company Careem for $3.1 billionUber's deal for Careem will reportedly total $3.1 billion — $1.4 billion in cash plus $1.7 billion in convertible notes.
Source: BusinessInsider - 🏆 729. / 51 Read more »
A former Tesla investor explains why he thinks Elon Musk is the wrong person to lead the company, why he dumped the stock, and what he’s now buying insteadThe breaking point was Tesla's decision to close stores, an unexpected announcement that was later reversed. That investor is a loser ..!! Musk might be brilliant but he says thinks and than take them back and than take the recalling back. Man that dude isn't trustworthy at all anymore in my opinion.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tesla Gigafactory employees lined up for 'Merch Madness,' a chance to buy company swag on the cheapTesla opened up a merch stand at the Gigafactory to sell employees company swag on the cheap. VinayAllDay How much of this is being flipped to eBay? Liquidation sale. So not only are they about to layoff more people, they’re going to sucker then into buying a bunch of merch first. How can elonmusk sleep at night. Oh yeah, he can’t...hence the all night tweet sessions.
Source: CNBC - 🏆 12. / 72 Read more »
The top US general will meet with Google next week to discuss the 'second and third order of effects' for the company's business efforts in ChinaGen. Joseph Dunford said Wednesday that efforts like Google’s artificial intelligence venture in China allow the Chinese military to access and take advantage of US-developed technology.
Source: BusinessInsider - 🏆 729. / 51 Read more »