Spotify acquired Anchor FM Inc.

Spotify, the world’s most popular music streaming service, acquired Anchor FM Inc, the company leading the market for podcast creation, publishing, and monetization services. Terms of the transaction were not disclosed. “We are incredibly excited to introduce Anchor's industry-best podcasting tools to Spotify's massive user base as we continue our journey, now with even greater resources,” said Michael Mignano, CEO of Anchor. “We look forward to continuing to empower creators all over the world to build an audience, generate revenue, and most importantly, have their voices heard.”