Wed. 02/06 - Spotify Makes A Big Move Into Podcasting
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 6 February 2019
⏱️ 18 minutes
🧾️ Download transcript
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| 0:00.0 | Welcome to the Tech Meme Ride Home for Wednesday, February 6th, 2019. I'm Brian McCullough. |
| 0:09.4 | Today, podcasting has its biggest news day ever, some pretty big executive shakeups, the new |
| 0:16.6 | emojies for 2019, and how to steal a million dollars from an ATM without |
| 0:21.1 | anyone noticing. Here's what you miss today in the world of tech. |
| 0:29.2 | My general tendency is to not report on podcasting news for fear y'all might think that I was |
| 0:35.4 | being too inside baseball. But hey, this is the biggest news ever in the |
| 0:40.6 | podcasting industry. It involves a major tech player in the form of Spotify, |
| 0:45.0 | making the biggest acquisition in its history, and this has been the lead story at the top of the page on |
| 0:50.8 | tech meme all day. So so over the weekend rumors started swirling that |
| 0:55.7 | Spotify was purchasing podcast company Gimlet Media for what sources said was around |
| 1:01.1 | $230 million. |
| 1:04.0 | Well, today, this was confirmed by Spotify itself, |
| 1:08.0 | though the price was not confirmed, |
| 1:10.0 | and Spotify threw a curveball by also announcing it had acquired Anchor as well. |
| 1:16.5 | Anchor, the podcast hosting platform that, full disclosure, this very podcast is hosted on. You may remember us switching hosts about a month |
| 1:25.3 | ago and also the fact that we are now doing weekend bonus episodes that was all part of the |
| 1:29.8 | deal we did with anchor full, but the big news here is a major, major move into |
| 1:37.9 | podcasting by Spotify, and in a way it makes total sense for Spotify. |
| 1:43.8 | Spotify wants to be thought of as Netflix for audio. |
| 1:48.2 | Spotify CEO Daniel Ek said something along those lines |
| 1:51.7 | in his blog post announcing the acquisitions, |
| 1:53.7 | although I'm sure he wouldn't like me name-checking Netflix specifically. |
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