Spotify Bets Big on Podcasting With 2 Major Acquisitions

The company is set to buy Gimlet Media and Anchor

Spotify is prepared to spend a total of between $400 million and $500 million on acquisitions this year. Spotify, Anchor

Spotify is set to buy podcasting companies Gimlet Media and Anchor in a move that will reshape the landscape of the nascent industry.

@patrickkulp Patrick Kulp is an emerging tech reporter at Adweek.