Between February 2019 and 2020, Spotify spent 600 million U.S. dollars on podcast-related acquistions, including 195 million on Gimlet Media and 196 million on sports podcast 'The Ringer' by Bill Simmons. Amazon is also planning to invest heavily in podcasting, which will likely make the market even more competitive in years to come.
Spotify's spending on podcast-related acquisitions in 2019 and 2020
(in million U.S. dollars)
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Music Business Worldwide. (May 29, 2020). Spotify's spending on podcast-related acquisitions in 2019 and 2020 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1123061/spotify-acquistions-spend/
Music Business Worldwide. "Spotify's spending on podcast-related acquisitions in 2019 and 2020 (in million U.S. dollars)." Chart. May 29, 2020. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1123061/spotify-acquistions-spend/
Music Business Worldwide. (2020). Spotify's spending on podcast-related acquisitions in 2019 and 2020 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1123061/spotify-acquistions-spend/
Music Business Worldwide. "Spotify's Spending on Podcast-related Acquisitions in 2019 and 2020 (in Million U.S. Dollars)." Statista, Statista Inc., 29 May 2020, https://www.statista.com/statistics/1123061/spotify-acquistions-spend/
Music Business Worldwide, Spotify's spending on podcast-related acquisitions in 2019 and 2020 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1123061/spotify-acquistions-spend/ (last visited December 26, 2024)
Spotify's spending on podcast-related acquisitions in 2019 and 2020 (in million U.S. dollars) [Graph], Music Business Worldwide, May 29, 2020. [Online]. Available: https://www.statista.com/statistics/1123061/spotify-acquistions-spend/
