"These acquisitions will meaningfully accelerate our path to becoming the world’s leading audio platform," says CEO Daniel Ek.
Music streaming giant Spotify on Wednesday (Feb. 6) unveiled definitive agreements to acquire podcast creator Gimlet Media, known for the likes of Homecoming and Reply All, and Anchor, a provider of podcasting-related tools, including for creation and monetization.
The company didn't disclose terms of the transactions.
"With these acquisitions, Spotify is positioned to become both the premier producer of podcasts and the leading platform for podcast creators," the firm said. "Gimlet will bring to Spotify its best-in-class podcast studio with dedicated IP development, production and advertising capabilities. Anchor will bring its platform of tools for podcast creators and its established and rapidly growing creator base."