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New Deal


Announced

Completed

Spotify acquired podcast publisher Gimlet for $230m.

Financials

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Transaction Value£176m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Entertainment

Acquisition

Private

podcast publisher

Friendly

Majority

Completed

Single Bidder

Synopsis

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Spotify acquired podcast publisher Gimlet Media for $230m. Gimlet Media is a digital media company and podcast network, focused on producing narrative podcasts, headquartered in Brooklyn. “These acquisitions will meaningfully accelerate our path to becoming the world’s leading audio platform, give users around the world access to the best podcast content, and improve the quality of our listening experience as well as enhance the Spotify brand,” said Daniel Ek, Spotify co-founder and CEO. “We are proud to welcome Gimlet and Anchor to the Spotify team, and we look forward to what we will accomplish together.”

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