Tech: Spotify Keeps Shopping
Released Friday, 7th February 2020
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Tech: Spotify Keeps Shopping
Tech: Spotify Keeps Shopping
Friday, 7th February 2020
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Spotify made some big purchases in 2019, buying up Gimlet and two other companies for $400 million. This week, it doubled-down on its podcast bet, announcing it was buying Bill Simmons' media outlet The Ringer. We explain how podcasts fit into Spotify's strategy and check in Google's YouTube now that Alphabet has started breaking out its revenue contribution.
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Stocks: SPOT, GOOG, GOOGL (edited)
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